NOVATEK has chosen the location for the LNG terminal on the Kamchatka Peninsula

© RIA Novosti / Evgeny to Betemporary in photobacteria headquarters company NOVATEK. Archival photoNOVATEK has chosen the location for the LNG terminal on the Kamchatka Peninsula© RIA Novosti / Evgeny to Betemporary the image Bank

NOVATEK has chosen the place where will be placed the marine terminal for transshipment of liquefied natural gas (LNG) in Kamchatka, has informed journalists the first Deputy Chairman of the Board of PJSC Alexander Friedman.

«Point is defined. It Bichevinka Bay,» said Friedman, noting that has already begun design work.

«Our task is this to over the next 4 years to make this work… the Most suitable place for accommodation is the Kamchatka Peninsula,» — he added.

In October 2017, NOVATEK and the government of Kamchatskiy Krai signed an agreement on cooperation on creation in the territory of the sea terminal for transshipment of LNG. The planned terminal capacity is 20 million tons per year, but in the future it can be increased to 40 million tons.

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