Cryogas-Vysotsk, a joint venture between Novatek and Gazprombank, has commenced scale production of liquefied natural gas. Russian President Vladimir Putin has formally given a start to the Cryogas-Vysotsk LNG project in a video conference ceremony from St. Petersburg.
The first LNG batch was loaded on board the “Coral Anthelia” LNG tanker. The 2013-built 6,500 m3 vessel flies the Dutch flag and is operated by Anthony Veder. 
“Cryogas-Vysotsk is our first medium-scale LNG project,” noted Novatek’s Chairman of Management Board Leonid Mikhelson, “Our marketing strategy provides for loading of bunkering vessels, small wholesale LNG sales, and LNG sales as motor fuel to the Baltics, Scandinavia and North-Western Europe markets. Natural gas used as transport fuel reduces carbon emissions and complies with new environmental standards such as the sulfur emissions reductions mandated by IMO 2020. We see potential to expand our commercial presence in this developing LNG market segment”.
Cyrogas-Vysotsk is a medium-tonnage LNG project located in the port of Vysotsk, Leningrad Region of Russia in the Baltic Sea. The project’s initial design capacity is 660 thousand tons of LNG per annum, its infrastructure includes a 42 thousand cbm LNG storage tank and an offloading berth designed to handle LNG carriers with a capacity of up to 30 thousand cbm. NOVATEK acquired a 51% participation interest in Cryogas-Vysotsk project in July 2017.