Novatek launches new LNG filling stations in Germany and Poland

Russia’s Novatek has opened new LNG filling stations for trucks in Germany and Poland as it continues to build a network of such facilities to meet growing demand in the road transport sector.

The independent LNG exporter launched two new facilities in the second quarter and now operates ten LNG filling stations in Germany and four in Poland via its unit Novatek Green Energy.

“We plan to construct and open another 28 LNG retail stations,” Novatek’s CFO Mark Gyetvay said on Thursday during a conference call discussing the company’s quarterly results.

“We marketed approximately 13 thousand tons of LNG through our European retail stations
during the first half of 2021, and sold 7.5 thousand tons in the current period, which represented a 34% increase quarter on quarter,” he said.

Gyetvay revealed earlier this year Novatek’s plans to build 30 LNG filling stations in Europe as an increasing number of firms opt for the fuel to reduce costs and emissions.

In addition, Novatek recently said it would create a unit to focus on developing the small-scale market in Russia.

Novatek – LNG Fuel would construct small-scale plants, facilitate LNG wholesale markets but also develop a retail network for LNG as a fuel for vehicles in Russia, the firm said.

Most Popular

Cheniere to start site preparation for two more Corpus Christi LNG trains

US LNG exporting giant Cheniere is seeking approval from the US FERC to start site preparation activities for two more midscale trains at its Corpus Christi LNG plant in Texas.

Amigo LNG, Sahara seal 20-year SPA

Amigo LNG, a unit of LNG Alliance, has signed a 20-year sales and purchase agreement with Sahara Group to supply the latter with liquefied natural gas from its planned 7.8 mtpa LNG export plant in Mexico.

Woodside names Sarah Bairstow as Louisiana LNG head

Australian LNG player Woodside has appointed Sarah Bairstow to lead its Louisiana LNG project.

More News Like This

Novatek’s gas sales slightly up in Q1

Russian LNG exporter Novatek reported a slight increase in its natural gas sales, including LNG, in the first quarter of this year.

Russian LNG production down in January-February

Russian liquefied natural gas (LNG) production decreased in the first two months of this year compared to the same period last year, according to the Russian statistics agency Rosstat.

Novatek’s 2024 profit climbs to $5.19 billion

Russian LNG producer Novatek said its net profit rose to about $5.19 billion in 2024.

Novatek’s gas sales drop in 2024

Novatek said in its preliminary report issued on Thursday that the company’s natural gas sales reached 77.76 bcm in...