Novatek to fire up Yamal LNG’s train one in November

Novatek to fire up Yamal LNG's train one in November
Image courtesy of Russian Ministry of Energy

Russia’s largest independent natural gas producer, Novatek, is set to start up the first liquefaction train at its Yamal LNG project in November. 

During his meeting with his Moroccan counterpart Aziz Rabbah, Russian energy minister Alexander Novak said the project’s first stage will be launched in November, business news agency Prime reports.

The three-train Yamal LNG plant, designed to produce about 16.5 million tonnes per year, will liquefy natural gas from the South Tambey field on the Yamal Peninsula in Russia’s West Siberia.

The facility is being built in three phases scheduled for start-up in 2017, 2018 and 2019, however, Novatek’s chief executive and co-owner Leonid Mikhelson was earlier reported as saying the $27 billion project’s stage two and three could come online three and six to nine months ahead of schedule, respectively.

Novatek is the operator and holds a 50.1 percent stake in Yamal LNG. China’s CNPC and Total of France have a 20 percent stake, each, while China’s Silk Road Fund has a 9.9 percent stake in the LNG project.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >