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Arctic Transshipment

Company


Owners:
Novatek - 90%
by January 2023

Content

Owners

+ Rosneft of the Tax Code

As of September 2020, the main activity is the construction of ships, ships and floating structures.

History

2023: Investing 2.4 billion rubles in an LNG hub in the Murmansk region

On January 20, 2023, it became known about Novatek's decision to invest more than 2.4 billion rubles in the project of the offshore transshipment complex (IPC) of liquefied natural gas (LNG) in the Murmansk region. For this, an agreement was concluded by the Far East and Arctic Development Corporation (KRDV).

The IPC project involves the delivery of LNG gas carriers from Arctic fields to offshore transshipment complexes. Further, LNG will be transferred to floating gas storage facilities (UGS) for short-term storage or by the "side-to-side" method to conventional vessels. Each complex in the Murmansk region and Kamchatka will have one floating gas storage and two raid anchorages for onboard operations and each of them will be able to transfer more than 20 million tons of LNG annually.

Novatek will invest 2.4 billion rubles in an LNG hub in the Murmansk region

The Murmansk IPC is located in the Ura Bay of the Barents Sea. The project also involves the placement of an auxiliary berth for the parking of port fleet vessels with coastal infrastructure, an administrative building for the placement of government services and a checkpoint across the state border of the Russian Federation. In the water area of ​ ​ the Kilda Strait there are facilities of a temporary raid transshipment complex for transshipment of LNG "side to side."

The operator of two LNG transshipment complexes under construction in Kamchatka and the Murmansk region is the Arctic Transshipment company, which is part of the Novatek group. The terminals are designed to ensure the efficient transportation of LNG from Arctic LNG 2 and other Novatek projects by transferring from ice-class LNG tankers Arc7 to conventional vessels. Each terminal includes a 360,000 cubic meter floating LNG storage facility. m with two "side to side" transshipment points.

The LNG IPC is included in the federal project "Seaports of Russia" of a comprehensive plan for the modernization and expansion of the main infrastructure for the period until 2024.[1]

Notes