LNG-Gorskaya has received approval for investments into the construction of a LNG port in St. Petersburg, a development which will include bunkering.
LNG-Gorskaya LLC (LNG-Gorskaya) says Russia's Federal Marine and River Transport Agency (Rosmorrechflot) has given approval for investments into the construction of Russia's first liquefied natural gas (LNG) port in St. Petersburg, a development which will include bunkering, Port News IAA reports.
"The project being implemented by LNG-Gorskaya LLC on the shore of the Gulf of Finland is targeted at establishment of a highly efficient Russian producer of LNG with its own fleet to ensure supply of LNG to European consumers and bunkering of vessels in the Baltic Sea," said LNG-Gorskaya.
The first phase of the project is set to include the construction of three bunkering tankers, each with a capacity of 7,300 cubic metres (cbm), as well as a floating facility for LNG production, and the development of on-shore infrastructure at Gorskaya point, including a pier, loading rack, and gas pipeline.
The project is also expected to see the development of a number of LNG terminals in Finland, Germany, and Sweden.
The first phase of the project is set to include the construction of three bunkering tankers
LNG-Gorskaya says LNG will be produced by facilities on three non-self-propelled barges.
It is expected that the plant will have the annual capacity to process 1.968 billion cbm of natural gas, while each of the three facilities will have an annual capacity of 656 million cbm each.
The LNG development is expected to be operational by late 2018, with sales beginning in January 2019.
Last year, Ship & Bunker reported that United Shipbuilding Corporation (USC) would build the three bunkering tankers, along with an option to construct an additional six vessels.