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Kamchatka LNG terminal will not receive the promised 28 million rubles - EastRussia | Far East

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Kamchatka LNG terminal will not receive the promised 28 million rubles

Kamchatka LNG terminal will not receive the promised 28 million rubles
Photo: pixabay.com

The NOVATEK project to create a marine transshipment complex for liquefied natural gas (LNG) in Kamchatka will not receive the promised 28 billion rubles. The Ministry of Finance of Russia did not include this money in the draft budget for the 2020 – 2022 years.

According to Kommersant, the terminal did not get into the profile national project - a comprehensive plan for the main infrastructure (KPMI). The Ministry of Transport believes that in this situation, the project can be implemented by concession. However, according to the publication, the final decision on projects applying for inclusion in the KPMI is made by the government transport commission, the next meeting of which is scheduled for November.

Earlier it was reported that the project to build a terminal for LNG transshipment in Kamchatka, in 2020 year will receive 28 billion rubles from the federal budget. The money will be allocated to provide state support to the investor. In March, the Russian government approved a comprehensive plan implementation of the construction of a marine LNG transshipment complex on the peninsula. NOVATEK needs it to reduce the number of expensive ice tankers for passage along the Northern Sea Route.