VIS was commissioned by Stantec to support a study aiming to assess the potential of LNG in Eastern Parten countries (Azerbaijan, Armenia, Belarus, Georgia, Moldova, Ukraine). The study identified potentially viable options for LNG market development in each country (imports from EU, development of LNG terminals, development of small scale liquefication, virtual LNG pipelines), analyzed of each option’s competitiveness and economic performance (netback analysis – CBA), identified prerequisites and key success factors, and proposed policies and next actions to develop the options.