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Russia: NOVATEK and Rosseti sign Agreement to supply power to the Murmansk LNG project

13 Sep 2023

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NOVATEK and Rosseti have signed a Strategic Partnership Agreement to supply power to the Murmansk LNG project.

The Agreement will enable timely start of power supply to the Company’s prospective large-scale Murmansk LNG project, whose distinctive feature is the use of electric drives for process compressors instead of gas turbines.  

'NOVATEK’s strategy envisages significant ramp up of LNG production, and we have already started implementing our next large-scale project in the Murmansk Region', noted Leonid Mikhelson, Chairman of NOVATEK’s Management Board. 'For the Murmansk LNG project, we have chosen to use electricity rather than gas to drive the liquefaction process. The solution will help to speed up the project’s implementation while utilizing technology from Russian suppliers, and will also ensure a strong environmental performance of the project by reducing carbon emissions'.

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