Russia’s Novatek reaches Vysotsk LNG production milestone

Russian LNG exporter Novatek has reached a new production milestone at its medium-scale LNG plant in Russia’s Baltic Sea port of Vysotsk.

Cryogas-Vysotsk has produced its three millionth ton since it launched operations in April 2019, Novatek said on Thursday.

Novatek did not reveal any additional information.

According to its AIS data provided by VesselsValue, the 10,000-cbm Coral Fungia, owned by Dutch shipping firm Anthony Veder, loaded a cargo at the facility last weekend and was on Friday located at the Zeebrugge LNG terminal in Belgium.

In addition, the 18,000-cbm, Coral EnergICE, also owned by Dutch shipping firm Anthony Veder and chartered by Finland’s Gasum, recently loaded a cargo of LNG at the Vysotsk terminal.

The vessel delivered this cargo to the small Manga LNG terminal in Finland’s Tornio, operated by a joint venture in which Gasum has a stake.

Coral EnergICE has visited the Vysotsk facility many times during the last three months, the data shows.

Reports previously said that Gasum resumed purchases from the Vysotsk LNG facility in July. Prior to that the state-owned firm had not been taking LNG cargoes since April, Reuters said.

Gasum has a take-or-pay long-term LNG supply contract with Gazprom Export.

This means that Gasum has to pay for a certain amount of LNG each year to Gazprom, weather the firm takes the supplies or not, according to Gasum.

The Vysotsk facility has a capacity of 660 thousand tons of LNG per year, but it has been producing LNG above its nameplate capacity.

Last year, the facility produced its two millionth ton of LNG. Coral EnergICE also loaded this milestone cargo and delivered it to the Manga LNG terminal.

Novatek operates the Vysotsk facility with a 51 percent share, while Gazprombank holds the rest.

Its infrastructure includes a 42,000-cbm LNG storage tank and also an offloading berth designed to handle carriers with a capacity of up to 30,000 cbm.

Most Popular

Venture Global’s Plaquemines LNG seals new gas supply deal

Venture Global LNG’s Plaquemines LNG has signed a new natural gas sale and purchase deal with gas marketer Tenaska Marketing Ventures, according to a DOE filing.

TotalEnergies working on Mozambique LNG restart, CEO says

France's TotalEnergies and its partners in the giant Mozambique LNG project are still working with the Mozambique government on restarting construction on the 12.8 mtpa project, according to Patrick Pouyanne, CEO of TotalEnergies.

US LNG exports down to 28 cargoes

US liquefied natural gas (LNG) plants shipped 28 cargoes during the week ending July 23. According to the Energy Information Administration, pipeline deliveries to the LNG terminals decreased compared to the prior week.

More News Like This

EU lifts sanctions against LNG carrier trio

The European Union has lifted sanctions against three ice-class liquefied natural gas (LNG) tankers operated by Japan's shipping giant MOL and intended to serve Novatek's Arctic LNG projects in Russia.

Novatek’s gas sales climb in Q2

Russian LNG exporter Novatek reported a rise in its natural gas sales, including LNG, in the second quarter of this year.

Russian LNG production drops in May

Russian liquefied natural gas (LNG) production continued to decrease in May compared to last year, according to the Russian statistics agency Rosstat.

Russia’s Novatek in LNG truck move

Russian LNG producer Novatek and compatriot National Carrier (NATCAR) are joining fores to develop the market for LNG as fuel for trucks.