Vysotsk LNG hits production milestone

Novatek’s medium-scale plant in Russia’s Baltic Sea port of Vysotsk has produced its one millionth ton of LNG since it launched operations less than two years ago.

Since April 2019, Cryogas-Vysotsk has dispatched more than 200 LNG carriers and 1,200 trucks to a diverse geography including Finland, Sweden, Lithuania, the Netherlands, Estonia, Poland and Spain, according to Novatek.

In addition, the project supplied more than 80 trucks to the Russian domestic market as part of Novatek’s commercial activities to provide LNG for the consumers in the Murmansk region and the company’s network of fueling stations.

“Cryogas-Vysotsk has a broad and diverse geography of customers as this important project serves the entire Baltic region clean-burning natural gas needs amid tightening environmental requirements for marine and automotive fuels,” Novatek’s chief executive and Russian billionaire Leonid Mikhelson said.

The Vysotsk facility has a capacity of 660 thousand tons of LNG per year. Its infrastructure includes a 42,000 cbm LNG storage tank but also an offloading berth designed to handle carriers with a capacity of up to 30,000 cbm.

The independent LNG producer operates the facility with a 51 percent share while Gazprombank holds the rest.

Most Popular

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

MISC orders five more LNG carriers in China

Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.

More News Like This

Novatek’s gas sales down in Q3

Russian LNG exporter Novatek reported lower natural gas sales, including LNG, in the third quarter this year than in the same period last year.

PV Gas in LNG supply talks with Novatek

Petrovietnam Gas, a unit of state-owned Petrovietnam, is in talks with Russian producer Novatek to buy liquefied natural gas (LNG) from the latter as part of its plans to diversify its LNG supply sources.

Russian LNG production up 13.7 percent in January-August

Russian liquefied natural gas (LNG) production rose 13.7 percent in January-August this year, according to the Russian statistics agency Rosstat.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.