LNG

Novatek chooses site for Kamchatka LNG transshipment project

Russia’s Novatek has selected the location for its proposed LNG transshipment facility on the Kamchatka Peninsula
By Staff reporter 18 May 2018 0 30914

Russia’s Novatek has selected the location for its proposed LNG transshipment facility on the Kamchatka Peninsula, the company announced on Friday.

“A location has been determined: it is Bechevinskaya Bay,” Alexander Fridman, first deputy chairman of Novatek’s board, told reporters in Petropavlovsk-Kamchatsky, the region’s capital.

Bechevinskaya Bay is on Kamchatka’s southeastern coast not far from Petropavlovsk-Kamchatsky. Design work on the project has already started, Fridman added.

The aim of the project is to reduce the cost of shipping LNG from Yamal to Asia via the Northern...