5 Sep 2022 15:34

Novatek ready to construct LNG receiving facilities at Kamchatka

PETROPAVLOVSK-KAMCHATSKY. Sept 5 (Interfax) - Novatek is ready to construct a liquefied natural gas receiving infrastructure at Kamchatka, with its subsequent buyout and transfer to a single gasification operator, Kamchatka Territory Governor Vladimir Solodov said during a meeting on the region's socio-economic development chaired by Russian President Vladimir Putin.

Solodov noted that "degasification" is actually occurring because of the decline in gas production in the region.

Meantime, a floating regasification terminal could be established as part of an LNG transshipment hub that is being built off the coast of Kamchatka. Novatek is assisting the region with developing the project, and it is ready to construct an offshore infrastructure for receiving LNG while determining the procedure for its buyout and transfer to a single gasification operator, Solodov noted.