LNG

Novatek to launch mid-scale LNG plant with Gazprombank by early 2019

Novatek plans to launch a mid-scale LNG plant jointly owned with Gazprombank in late 2018 or early 2019.
By Staff reporter 27 July 2018 0 31920

Russia’s Novatek plans to launch a mid-scale LNG plant jointly owned with Gazprombank in late 2018 or early 2019, Interfax reported Novatek Chief Financial Officer Mark Gyetvay as saying on Thursday.

The first phase of the plant – to be located at the port of Vysotsk – will have two 330,000 tpa trains, a storage tank with a capacity of 42 thousand cubic metres (Mcm), and a berth for 20 Mcm carriers.

“We are considering the possibility of making an investment decision regarding phase...