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Agreement to supply LNG at Russia's biggest passenger port in 2018

29 Dec 2016 07:37 GMT

LNG Gorskaya inks deal with the Passenger Port of St. Petersburg.



Russia's 'Marine Facade' Passenger Port of St. Petersburg has signed an agreement with LNG Gorskaya LLC to develop an LNG bunkering infrastructure for cruise ships and ferries.

According to the agreement, LNG Gorskaya is scheduled to begin carrying out deliveries of liquefied natural gas (LNG) at the passenger port from 1st January 2018.

The Passenger Port of St Petersburg is located on reclaimed alluvial territories of the Marine Facade of Vasilevsky Island; it is owned by Marine Facade Management Company and is Russia's largest passenger port.

The LNG Gorskaya project was established specifically to manage the process of creating an infrastructure for the production and sale of LNG at the port of Gorskaya (St. Petersburg) and in the Gulf of Finland.

LNG is to be produced by LNG Gorskaya on a non-self-propelled barge. The total planned processing capacity of the plant is 1.968 billion cubic metres of natural gas per year, which corresponds to the production of 1.26 million tons of LNG.

In order to avoid issues with excess capacity, the LNG Gorskaya plant will consist of three processing capacity lines - each with a capacity of 656 million cubic metres. The first processing line is scheduled to be launced at the end of 2017 (phase 1), whilst the second and third phases are expected to be ready by the end of 2019 and 2021 respectively.

The delivery of LNG to consumers will be carried out by bunkering vessels with LNG stored on deck in tank containers. Vessels anchored in the Gulf of Finland are to be refuelled via the ship-to-ship bunkering method.

During the first phase of the project, three bunkering vessels - each with a storage capacity of 7,000 cubic metres - are to be built.

Also during the first phase, the ground infrastructure at the port of Gorskaya (construction pier, loading rack and gas pipeline) will be developed.

LNG Gorskaya plans to enter the production facility into operation in December 2017 and at the same time to start selling LNG. The agreement with the Passenger Port of St. Petersburg to begin supplying from 1st January 2018 fits into this timeline.

Montu and Lubeck

Earlier this month, it was announced that LNG Gorskaya Overseas Ou, the Estonian arm of LNG Gorskaya, is planning to build LNG bunkering hubs at the ports of Montu, Estonia, and Lubeck in Germany.

As part of the project, two bunkering vessels are currenly being converted in a shipyard in Poland.

According to LNG Gorskaya, the cost of a storage facility with a capacity of 5,000 cubic meters is estimated at EUR 25 million ($26.1 million) whilst the the cost of one LNG bunkering vessel is expected to be around EUR 10 million to EUR 12 million ($10.4 million to 12.5 million).

The project looks set to be financed by LNG Gorskaya and external funds, which could include an EU-sponsored programme such as the Connecting Europe Facility (CEF) for Transport initiative, which aims to support investment projects that develop new transport infrastructure in Europe.

LNG Gorskaya says bunkering vessels sourcing product from the LNG centres in Montu and Lubeck would be capable of supplying ships at ports not only in Estonia and Germany, but also in Sweden and Latvia.






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