In fact the LNG project, came under Novatek's agreement with the government of the Kamchatka Territory, to further develop the facility of south-eastern coast of the area.
The terminal is scheduled to be a base for LNG storage and transshipment volumes, coming from Yamal through ice-glass carriers to ordinary gas carriers, in order to be further delivered to the Asian-Pacific market.
Through the project, Novatek will optimize LNG supplies from the Arctic, while enhance the development of the Northern Sea route.
According to Glavgosexpertiza, the LNG terminal's design involves five phases. When the four out of five phases be completed, the facility is estimated to bring a total throughput of 11 million tons LNG per year.
Once the fifth phase of the construction is completed, then the terminal will have a handling capacity of 22 million tons of LNG.
Concluding, the project infrastructure will involve floating storage units, as well as offshore ship-to-ship LNG transfer points, and will handle up to 657 LNG carriers once in full operation.