PAO NOVATEK, one of the largest independent natural gas producers in Russia, has signed an agreement with the Kamchatka Territorial Government to build a sea terminal facility for reloading liquefied natural gas at Kamchatka in Russia.
The agreement will facilitate the development of transport infrastructure, trading, research and technology ties at the Kamchatka Territory, and 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.
The Chairman of NOVATEK’s Management Board, Leonid Mikhelson said: “The construction of a sea terminal facility for reloading operations will optimize 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.”
For more information visit www.novatek.ru
30th October 2017