Page 14 - GLNG Week 11 2021
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GLNG                                             EUROPE                                                GLNG


       Novatek may axe plans to




       use own tech at Obsk LNG




        PROJECTS &       RUSSIA’S Novatek is reportedly considering   Novatek developed Arctic Cascade as part
        COMPANIES        dropping plans to use its proprietary Arctic Cas-  of efforts to localise more of equipment and
                         cade liquefaction technology at the Obsk LNG  technology it uses, in order to support Russian
                         project, in a major blow to Russia’s localisation  industry and shield its business from the risk of
                         drive.                               international sanctions. The technology is to be
                           The LNG exporter may use technology sup-  showcased for the first time at a 0.9mn tpy fourth
                         plied by Germany’s Linde instead, the Kom-  train at Novatek’s Yamal LNG, but the unit’s
                         mersant newspaper reported on March 15,  launch has been repeatedly postponed.
                         citing sources. Linde’s technology is also being   Difficulties in commissioning this train have
                         deployed at Novatek’s Arctic LNG-2 project.  led Novatek to consider switching to Linde’s
                         According to the newspaper, Novatek is in the  technology at Obsk LNG, Kommersant sources
                         process of terminating a contract worth €130mn  claimed. Another option that the company has
                         ($155mn) issued to Russia’s Kazankompres-  on the table is converting Obsk LNG to produce
                         sormash and Germany’s Siemens in 2019 for  ammonia instead of LNG. Novatek CEO Leonid
                         the supply of compressors and gas turbines. It  Mikhelson said in February that the company
                         is doing so after revising Obsk LNG’s project  was exploring the possibility of producing
                         parameters.                          ammonia and methanol in the Russian Arctic.
                           Obsk LNG is due online in 2024-2025 and   Novatek received a patent for Arctic Cascade
                         is expected to produce around 5mn tonnes per  in 2018. The technology takes advantage of the
                         year (tpy) of LNG at full capacity. But Novatek  cold ambient temperature of the Russian Artic to
                         is yet to take a final investment decision (FID)  reduce energy consumption and boost efficiency.
                         on the project, which it wants to develop without  It uses produced and fabricated by Russian man-
                         equity partners.                     ufacturers only.™




       Repsol refuels tanker




       with carbon-offset LNG




        ENERGY           SPAIN’S Repsol has bunkered a ship with LNG  restrictions on ship pollutants, and Spanish ports
        TRANSITION       while offsetting the carbon dioxide (CO2) emis-  are well-positioned in benefit from this trend,
                         sions from the gas, marking the first time that  receiving ships that have travelled from Asia via
                         this has been done.                  the Suez Canal.
                           Carbon credits are issued to projects that   “The uniqueness of the operation is that this
                         reduce or avoid CO2 emissions as forestation  is first time that Repsol, as a supplier of LNG,
                         initiatives and renewable power projects and  has guaranteed the compensation of the total
                         can be bought by other companies to offset emis-  CO2 emissions associated with the consump-
                         sions that are unavoidable. In a statement, Repsol  tion of this LNG,” Repsol said. “This is a fur-
                         said it had bunkered a chemical tanker owned by  ther step towards the goal of becoming a zero
                         Sweden’s Furetank Rederi with 430 cubic metres  net emissions company by 2050, offering ship
                         of LNG and had purchased carbon credits in the  owners the possibility of making their com-
                         Voluntary Carbon Market to cover emissions  mercial routes more efficient and environmen-
                         from the fuel.                       tally friendly.”
                           The bunkering of Furetank’s 150-metre-long   Repsol pledged in December 2019 to reduce
                         Fure Vinga tanker took place at the port of Cart-  its emissions to net zero by 2050, becoming the
                         agena in Spain, at a terminal owned by system  first major oil and gas company to make such a
                         operator Enagas. It took four hours to complete.  promise.
                         The tanker arrived from China and is continu-  Fure Vinga is among several LNG-fuelled
                         ing en route to Rotterdam after making its call  tankers that Furetank ordered from the China
                         in Cartagena.                        Merchants Jinling Shipyard Dingheng in China
                           LNG-fuelled shipping between Asia and  in 2015. It was received by the Swedish firm in
                         Europe is on the rise thanks to new IMO  January this year.™



       P14                                      www. NEWSBASE .com                         Week 11   19•March•2021
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