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thousand t per annum -Cryogas-Vysotsk capacity
тthousand m3 is the cargo carrying capacityof LNG tankers the offloading terminal is designed to handle
NOVATEK's participation interest in Cryogas-Vysotsk
Cryogas-Vysotsk is our first medium-scale LNG production project
Cryogas-Vysotsk medium-scale LNG project is located in the port of Vysotsk, the Leningrad Region (Baltic Sea). The project capacity is 660,000 t per annum and its infrastructure also includes a 42,000 m3 LNG storage tank and an offloading terminal designed to handle LNG carriers with a capacity of up to 30,000 m3. NOVATEK acquired a 51% participation interest in Cryogas-Vysotsk in July 2017.
In April 2019, Cryogas-Vysotsk commenced full-scale production of liquefied natural gas (LNG). During the official ceremony at the port of Vysotsk, Russian President Vladimir Putin has formally started the Cryogas-Vysotsk LNG project, the first medium-scale LNG project in the Baltic region.
We see vast prospects in using LNG as marine fuel and motor fuel to substitute for fuel oil and diesel, that will contribute to decreasing emissions and improving the environment. NOVATEK and Fluxys established a joint venture to design, build, finance, own and operate a medium-scale LNG transshipment terminal with a capacity of about 300,000 t per annum in the port of Rostock, Germany. The transshipment terminal will receive tankers bringing LNG, including LNG from Cryogas-Vysotsk, to reload it into LNG trucks for subsequent deliveries to the market. The LNG terminal will also be able to offer LNG bunkering and transship LNG to bunker vessels.