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

Woodside issues Louisiana LNG construction update

In October 2024, Woodside acquired all issued and outstanding Tellurian common stock for about $900 million cash, or $1.00 per share....

Trump lifts pause on non-FTA LNG export approvals

Trump issued the executive order, which was widely expected, just hours after officially taking over his second four-year term...

YPF, Indian firms ink Argentina LNG deal

According to a statement by YPF, the firm signed the MoU with GAIL, Oil India, and ONGC Videsh...

More News Like This

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...

US sanctions two Russian LNG terminal operators

The Department of State announced on Friday that the US is sanctioning major targets in Russia’s energy sector, imposing...

Russian LNG production slightly down in November

Rosstat’s data show that the country’s LNG terminals produced about 3 million mt in November, down 0.4 percent compared...

Russian LNG production rises

Rosstat’s data show that the country’s LNG terminals produced about 28.4 million mt during January-October. This is up by 6.8...