Novatek, Russia’s largest producer of liquefied natural gas (LNG), plans to use LNG-fuelled bunkering vessels at its hubs to comply with stricter environmental regulations, says an article on Nasdaq.
To use LNG-fuelled bunker vessels
Novatek NVTK.MM, Russia’s largest producer of liquefied natural gas (LNG), plans to use LNG-fuelled bunkering vessels at its hubs to comply with stricter environmental regulations, the company said on Monday.
Novatek is building LNG transshipment hubs in Murmansk, in North-Western Russia, as well as in the Pacific peninsula of Kamchatka.
New global regulations were introduced in 2020
Bunkering vessels are usually fuelled by fuel oil-based blends. New global regulations regarding vessels’ engine emissions were introduced in 2020.
According to Novatek, usage of natural gas for fuel leads to cutting emission of nitrogen oxide by 76% and CO2 by 27%, as well as completely blocking the emission of sulfur as a component in soot and sulfur oxide.
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source: Nasdaq