The Pechora LNG development in the Nenets autonomous region of Siberia could produce up to 8 million tonnes per annum of LNG at a capital cost of up to $12 billion.A pre-investment study by Gazprom’s design institute Giprospetsgaz found that gas production in the feedstock fields for the proposed Russian export project will total 4.5 billion to 13.4 cubic metres per annum.