Skip to main content

Novatek signs cooperation agreement with the Kamchatka Territorial Government

Published by
LNG Industry,


Pao Novatek has signed a cooperation agreement with the Kamchatka Territorial Government that will facilitate the building of a sea terminal facility for reloading LNG at Kamchatka.

The cooperation agreement was signed by the Chairman of Novatek’s Management Board Leonid Mikhelson and Kamchatka’s Governor Vladimir Ilukhin.

The parties agreed to create favourable economic and organisational conditions to build a sea terminal facility for reloading LNG from Arctic ice-class tankers to conventional LNG tankers on the east coast of the Kamchatka Peninsula.

The Chairman of Novatek’s Management Board Leonid Mikhelson noted: "The construction of a sea terminal facility for reloading operations will optimise the logistics of LNG supplies from the Arctic region, stimulate usage of the Northern Sea Route, and create a new LNG supply hub for Asian-Pacific regional consumers.”

The cooperation agreement will facilitate the development of transport infrastructure, trading, economic, research and technology ties at the Kamchatka Territory, will create additional jobs in the region, as well as create conditions for Kamchatka’s gasification, using the boil-off gas from the reloading terminal to generate power and support utility industries on the Kamchatka Peninsula.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/24102017/novatek-signs-cooperation-agreement-with-kamchatka-territorial-government/

You might also like

 Webinar

[WEBINAR] Insulation advances: Mitigating noise and CUI in your LNG plant

Heightened noise levels are harmful to the well-being and productivity of a plant’s personnel as well as the surrounding environment. With excessive noise presenting so many financial and health and safety risks, LNG plants need reliable, cost-effective noise-reduction solutions. This webinar will outline the most popular acoustic standards in the industry today and distill down to the audience what they need to know in order to best protect their work personnel and profits.

Register for your free space today »

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

LNG carrier news