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Russia: LNG as marine fuel ‘opens up very good prospects for us’

29 Apr 2019

President of Russia Vladimir Putin on Wednesday (24 April) launched via videoconference the loading of the first batch of LNG onto the tanker Coral Anthelia at the new Cryogas-Vysotsk LNG plant in Vysotsk, Leningrad Region.

“There is no doubt that the plant will have a bright future. The global LNG market is making rapid headway: the demand for LNG is steadily growing both in this country and the rest of the world,” he said in a statement.

“I would like to emphasise that Russia will consistently build up its gas liquefying capacities so as to occupy a befitting niche in this market. It would be no exaggeration to say that there are enormous, colossal prospects here.

“This includes the growth of exports and the use of LNG for fuelling and bunkering operations in the Baltic and other areas. We know well that new international rules aimed at countering the pollution of seas by marine vessels will come in force in 2020.

“This opens up very good prospects for us.”

Cryogas-Vysotsk is the third largest Russian LNG plant (the other two are the Sakhalin-2 plant and the Yamal LNG plant). The complex, located at the port of Vysotsk, includes three main facilities: a plant with capacity of 660,000 tonnes of LNG a year, a 43 km long gas pipeline connection to the Leningrad-Vyborg-State Border gas main, and docks for LNG shipments.

The company plans to supply LNG to the domestic market for gas-engine fuel and to provide gas to consumers that are far from centralised gas supply systems. The plant will also supply gas to countries in northern Europe, Scandinavia and the Baltic Region.

Related: Russia: Novatek to start LNG bunkering ops at Vysotsk district in March

Photo credit: Presidential Executive Office
Published: 29 April


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