Novatek has doubled capacity of the complex for stable gas condensate processing in Ust-Luga

Novatek reports about the completion of the construction and the start of the precommissioning at the second stage of the complex for stable gas condensate fractioning and transshipment in Ust-Luga. The second stage includes the utility for stable gas condensate fractioning with the annual projected capacity of 3 million tons, and the supplementary mooring. With the launch of the second stage,the total capacity of the complex for stable gas condensate processing will double to 6 million tons a year.

The Chairman of the Management Board of Novatek, L. Mikhelson states that completion of the construction of the complex for stable gas condensate processing in Ust-Luga is an important part of broadening of the Novatek’s processing capacities on the verge of a considerable growth in gas condensate production. The entry of the complex to full capacity will give the opportunity to maintain the achieved level of the vertical integration of their production chain.