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EastRussia Bulletin: LNG specialization is assigned to the Far East

EastRussia Bulletin: LNG specialization is assigned to the Far East
Photo: EastRussia
One of the most important specializations of the Far East is the production of liquefied natural gas (LNG), production volumes on Sakhalin are growing, according to the industry analytical review of the fuel and energy complex of the next issue of the EastRussia bulletin.

The company operator of the Sakhalin Energy project in 2017 produced and exported 10,9 million tons of LNG from the Sakhalin-2 project, which is 0,8% more than the previous year. The total value of exported products amounted to almost $ 3,2 billion (an increase of 9,3%). The main share of LNG was supplied to Japan, other major consumers were South Korea, China and Taiwan.

It is also worth noting the development of mini LNG plants, which began with Sakhalin (with the support of the KRDV). It is expected that the production of LNG will begin by the middle of the year 2018, and the production of these plants will provide fuel to the utilities in the region. According to the operator of the project - PSK Sakhalin, - the plant's capacity will be 1,5 tonnes of LNG per hour, the company will process the gas of the Sakhalin-2 project. In the future, it is planned to build four liquefied natural gas complexes in the Sakhalin Region, Primorsky and Khabarovsk Territories.

Finally, it became known that the new leader of LNG production in Russia, NOVATEK intends to build a transshipment terminal in Kamchatka in 2020-2022. Earlier it was reported that the Government of the Kamchatka Krai and NOVATEK had concluded an agreement on cooperation in setting up a marine terminal for LNG transhipment with a capacity of up to 20 million tons per year. Investments in the project were estimated at $ 1-1,5 billion. Two alternative sites were considered - Avachinskaya Bay and Bechevinskaya Bay. The construction of this terminal will allow to optimize transport logistics when delivering LNG from the Yamal-Nenets Autonomous District to consumers in the APR countries, to stimulate the use of the Northern Sea Route, and in the future to create a new independent center for the formation of LNG price in the Asia-Pacific. In addition, thanks to the project, Kamchatka will receive additional volumes of gas to ensure the energy independence of the region, since the production carried out by Gazprom is not enough for this.

A detailed analysis of this and other relevant topics can be found in the weekly bulletin EastRussia (
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