Date: 7 months ago   Category: Energy

Novatek invests 120 billion rubles in shipyard in Murmansk — Rambler News Service


Novatek invests 120 billion rubles in shipyard for production of LNG infrastructure, the head of Novatek Leonid Mikhelson has said during the meeting of the Government of the Russian Federation. "The LNG line on the basis of a gravitational cycle will be constructed on shipyard in Murmansk We have already begun construction of this object. The volume of investment is estimated by us approximately at 120 billion rubles", he said. Mikhelson has added that the project will be realized by Novatek independently, without involvement of partners. In May, 2015 Novatek declared creation of the Kola Shipyard company in Murmansk region. Novatek considers the concept of creation of production capacities in Murmansk region for future projects on LNG production. In August of last year the head of Novatek Leonid Mikhelson declared plans at first works of the Kola Shipyard company in 2019. In October, 2017 Mikhelson reported that Novatek studies a possibility of involvement of the partner to management of Kola Shipyard. In February of the current year Kola Shipyard has been renamed into Novatek Murmansk.

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