NOVATEK eyes arranging LNG bunkering in Sabetta

PAO NOVATEK is considering a possibility of arranging LNG bunkering in Sabetta port (Yamal), Maksim Minin, Head of Marine Port Facilities Engineering Division, Engineering and Investments Department, NOVATEK, said at the 2nd Hydraulic Engineering Structures and Dredging Congress organized by IAA PortNews.

“We are looking into it”, said NOVATEK representative when answering the question of IAA PortNews.

Maksim Minin also said that arranging of LNG bunkering is also “possible in principle” in transshipment points of the Murmansk Region and Kamchatka. According to him, there is a plan to build such points though they have not been foreseen initially.

However, that is only possible if there is a demand and if all the stakeholders join their efforts, said Maksim Minin.

PAO NOVATEK is one of the largest independent natural gas producers in Russia, and in 2017, entered the global gas market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 80% of Russia’s natural gas production and approximately 15% of the world’s gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company’s shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol “NVTK”.