Lavna coal terminal

From Global Energy Monitor

Lavna coal terminal is located at Kola Bay in Murmansk Oblast, Russia.

Location

The map below shows the location of the coal terminal on Kola Bay. As of December 2021, the cleared site for the terminal can be seen extending to the west. The Port of Murmansk is located approximately 6 km to the south, on the eastern side of Kola Bay.

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Background

Design work on the Lavna coal terminal began as early as 2009. In October 2018, the Russian government agreed to finance the Lavna coal terminal. The terminal is being developed as part of Russia's State Program for the Development of the Transport System of Russia, the Strategy for the Development of Railway Transport, the Transport Strategy of the Russian Federation and the Comprehensive Plan for the Modernization and Expansion of the Main Transport Infrastructure. The terminal's design calls for a capacity 18 million tonnes per annum (mtpa), and completion is targeted for 2022.[1][2] Also in 2018, the Black Sea Trade and Development Bank released an environmental impact statement on the Lavna coal terminal project.[3]

In November 2020, progress on the Lavna coal terminal stalled due to difficulties finding investors or companies interested in the project. The terminal's plans called for a "take-or-pay" contract, in which a company would assume an unconditional obligation to pay, regardless of how much coal it actually shipped through the terminal, but it could not identify any companies willing to sign such a contract. At this time, the state had already invested 32 billion rubles (approximately US$480 million), and other investors had contributed an additional 15 billion rubles.[4]

In July 2021, JSC Port Infrastructure Development Center (JSC CRPI) agreed to the take-or-pay contract, assuming a consolidated supply from independent coal mining companies.[5] In August 2021, the agreement was formally signed, with JSC CRPI committing to provide a cargo base of 18 mtpa of coal until 2043. The main stage of construction on the terminal began in September 2021.[6] Later that month, the specific coal companies that would provide coal to the terminal were announced: Sibanthracite, Stroyservice, Telf AG and EP Resources AG. At this time, the port was expected to be operational in December 2023.[7]

In November 2021, project developers announced their intention to construct a container terminal with an annual capacity of 3.5 million TEU at the Port of Lavna, in addition to the coal terminal.[8]

Project Details

  • Operator: LLC Commercial Sea Port Lavna
  • Owner: JSC Port Infrastructure Development Center (JSC CRPI) (60%); SDS-Ugol Mikhail Fedyaev (25%), JSC RZD-Infrastructure Projects (10%) and GTLK (5%)[7]
  • Location: Kola Bay, Murmansk Oblast, Russia
  • Coal Capacity (Million tonnes per annum): 18
  • Status: Construction
  • Start Year: 2023
  • Type: Exports
  • Source of Coal:
  • Project Cost: 49 billion rubles (approximately US$735 million)
  • Source of Financing: Russian government (34 billion rubles); unknown sources (15 billion rubles)

Articles and Resources

Sources

Related GEM.wiki articles

External resources

External Articles