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

04 Mar 2019

Russia's second largest natural gas producer Novatek is planning to start liquiefied natural gas (LNG) bunkering operations at the Vysotsk district, an area 159 kilometres northwest of St. Petersburg in the Leningrad region, in March, says its CEO.

Leonid Mikhelson was briefing Russian President Vladimir Putin during a meeting on 26 February when he reveals the company’s LNG bunkering plan.

“In a month, we will be launching a medium-scale LNG plant in Vysotsk with a capacity of 600,000 tonnes, and mostly for bunkering purposes,” he told Putin.

“The first line will be 600,000 tonnes, and next year we will probably decide on two more lines for another 1.2 million tonnes.

“Bunkering services are gaining momentum in the Baltic, so I think that there will be demand for these services.”

Novatek is scheduled to enter long-term time charter agreements with Sovcomflot for three new generation LNG-powered MR-class product carriers.

The company in 2018 formed a joint venture with gas infrastructure firm Fluxys to introduce LNG as a marine fuel at the Port of Rostock in Germany.

Related: Sovcomflot orders LNG fuelled newbuilding for Novatek charter
Related: Rostock LNG to introduce LNG bunkering at Rostock port

Photo credit: Russia Presidential Executive Office
Published: 4 March, 2019

 

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