Russia's Novatek seen launching small-scale LNG plant in Baltic Sea in Feb
MOSCOW (Reuters) - Russia’s largest non-state natural gas producer Novatek will start producing liquefied natural gas on the shore of the Baltic Sea in February, a contractor at the project said.
Novatek, along with Gazprombank, is building an LNG plant and terminal in the Baltic Sea port of Vysotsk with a capacity of 660,000 tonnes of the frozen gas per year. The plant’s capacity could be expanded to 800,000 tonnes in 2021.
“There is an ambitious task of launching the operations of the project and loading the first cargo of liquefied natural gas in February 2019,” the contractor, Atomtekhenergo, said in a statement.
Novatek is the main owner of Russia’s largest LNG project, Yamal LNG, with produces gas at the rate of 16.5 million tonnes per year.
Reporting by Oksana Kobzeva; writing by Vladimir Soldatkin; editing by David Evans
As discussed in the HPI Market Data 2019 report, published in November by Gas Processing & LNG’s sister publication, Hydrocarbon Processing, rising propane and ethane supplies in the US have been enabled by greater production of shale gas.
Industry Trends: Norway targets global LNG market
Norway aims to become a leading player in the global LNG market during the next several years through the establishment of new, large-scale LNG terminals.
Regional Focus: Challenges of scaling up Africa’s LNG production
Several gas projects are underway in Africa, but they continue to be constrained by inadequate infrastructure, slow finance mobilization, lack of security and uncertainty over hydrocarbon regulations that are casting doubt on the outcome of the continent’s drive to meet its anticipated 128% gas demand increase by 2040.
GasPro 2.0: A Webcast Symposium
The global LNG industry is becoming increasingly interconnected as grassroots export projects get off the ground. Another technology route for processing gas into fuels—GTL—is attracting renewed attention due to improving economics. Small-scale solutions for both LNG and GTL are at the forefront of new technological developments, while major projects using more conventional technologies continue to start up around the world.
During this webcast, we will focus on LNG, GTL, gas processing technology developments and deployments, operations, small-scale solutions, transportation, trading, distribution, safety, regulatory affairs, business analysis and more.
October 25, 2018 08:30 AM CDT