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New terminal for production of LNG

New terminal for production of LNG

A new terminal for production of liquefied natural gas started operating in Vysotsk, Leningrad region.

The first shipping of LNG at the factory Cryogas-Vysotsk to a gas carrier was launched by the President of the Russian Federation Vladimir Putin via videoconferencing during a solemn ceremony in the port of Vysotsk.

The head of the country congratulated the participants of the event and thanked the company for implementation of a hi-tech production in short time. Vladimir Putin noted that Leningrad region achieves good results in development and added that implementation of such projects in various spheres allows moving towards successful implementation of national projects.

“This is the first production of liquefied natural gas in the Baltic region. This is an important project for Leningrad region. Implementation of the second phase of LNG will allow accelerating conversion of vehicles to gas. Leningrad region has already introduced significant benefits for ecological transport – a transport tax for such cars is reduced by 50% from 1 January,” commented the Governor of Leningrad region Alexander Drozdenko.

Cryogas-Vysotsk plant is a joint enterprise of NOVATEK and Gazprombank. The capacity of the factory is 660,000 tonnes annually, its infrastructure also includes reservoir for storage of LNG with capacity of 42,000 cubic meters and an unloading dock suitable for tankers with cargo capacity up to 30,000 cubic meters. The volume of investments in the project exceeded 50 billion rubles, 175 jobs were created at the enterprise. The second phase of the factory includes capacity of 1,140 thousand tonnes and it will be launched in the end of 2020.

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