Cryogas-Vysotsk LNG project in Russia commences full-scale production

26/04/2019 09:40 LNG

news

Novatek and its joint venture partner Gazprombank Cryogas-Vysotsk have started full-scale production of liquefied natural gas (LNG) from the Cryogas-Vysotsk LNG project in the Leningrad Region of Russia.

The Cryogas-Vysotsk LNG project, which is located along the Baltic Sea in the port of Vysotsk, has been built with an investment of around RUB54bn ($840m).

 

Cryogas-Vysotsk has an initial design capacity of 660 thousand tons of LNG per annum.

 

The medium-tonnage LNG project features a natural gas liquefaction complex – made up of two production lines, each having a capacity of 330 thousand tons of LNG per year. Also part of the Russian LNG project are a 42,000 m3 LNG storage tank and an offloading berth which can handle LNG carriers with a capacity of up to 30 thousand cubic meters.

Source: compelo.com

Daily (07.07.2020): The German Cal’21 power climbed to a 20-week high on Monday, keeping the pace with EUAs above 30 Eur

07/07/2020 11:11:00

Crude oil futures edged higher on Monday, supported by a string of data showing an economic recovery across the globe and amid improving OPEC+ compliance. However, oil continued to be pressured by the surging coronavirus cases. Hence, Brent crude from September delivery rose by 0.7%, or 30 cents, to settle at $43.10 a barrel. At the same time, U.S. WTI crude settled at $40.63 a barrel, up 1% day-on-day.

<READ MORE

Equinor leads clean hydrogen plus CCS project in UK

07/07/2020 09:45:00

Norwegian state-controlled energy company Equinor ASA last week announced it is leading a project in the UK that combines hydrogen production and carbon capture and storage (CCS).

READ MORE

Enagas and BP partner on LNG, CNG as fuel in Spain

07/07/2020 09:36:00

Enagas and a unit of BP have teamed up to promote the use of LNG and CNG as fuel for the transport sector in Spain as part of a move to reduce emissions.

READ MORE