News Post
Novatek plans to build an LNG terminal in Murmansk
St. Petersburg, May 25 (Argus) - Novatek's plans to develop an intermediate transshipment of liquefied natural gas (LNG) in Russian ports have spread to Murmansk. The company this year may decide to build an LNG terminal in this port, Leonid Mikhelson, Chairman of the Board of Novatek, told journalists on Thursday at the St. Petersburg International Economic Forum. He did not disclose the estimated capacity of the terminal
Earlier, Novatek had already decided to build a terminal for LNG transshipment with a capacity of 20 million tons per year in Kamchatka.
Novatek has been producing and exporting liquefied natural gas from the Yamal LNG plant since December 2017, and in the future is going to start such deliveries from the LNG-2 Arctic plant, the construction of which should be completed in 2023. The sites of both enterprises are located in Yamalo -Nenets Autonomous District, and part of the LNG delivery route to consumers passes through the Northern Sea Route in difficult ice conditions. Therefore, Novatek is interested in intermediate transshipment of LNG in Russian ports in order to reduce the requirements for the Arc7 ice class vessels used for the export of products from the Yamal LNG and Arctic LNG 2 plants.
The terminal in Kamchatka will be located in the Bečevinskaya bay and will allow Novatek to arrange LNG transshipment from tankers of Arc7 class to vessels that do not have an ice class. This will allow the company to reduce transportation costs when delivering LNG to consumers in the APR countries.
"The deadline to which we will certainly build [the terminal on Kamchatka] is 2022, but I think we will do it sooner. The decision was made, the pre-project work began, "Mikhelson said on Thursday.
The project of the terminal in Kamchatka assumes the use of special large tankers-accumulators, capable to contain about 360 thousand m3 of LNG.
In addition, the terminal in Kamchatka will provide gas supplies to Russian consumers. Methane vapor, produced during storage and transportation of LNG, will be supplied through the gas pipeline to the regional energy and municipal facilities of the Kamchatka Territory.
In November, Novatek signed a tripartite memorandum on the development of the terminal in Kamchatka with Japanese companies - the industrial-trading group Marubeni Corporation and the ship-owner Mitsui OSK Lines (MOL). Companies from South Korea and China are also showing interest in this project, said Michelson in April.
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