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Yamal LNG reached full capacity

NOVATEK announced that its joint venture Yamal LNG has reached full capacity at the plant’s 3 LNG trains.

Yamal LNG reached full capacity Yamal LNG reached full capacity


Sabetta, December 11 - Neftegaz.RU. NOVATEK announced today that its joint venture Yamal LNG has reached full capacity at the plant’s 3 LNG trains.

 

The Yamal LNG project was implemented in record time and on budget with the launches of the 2nd and 3rd trains made ahead of schedule by 6 months and more than a year, respectively. PM Dmitry Medvedev participated in the official ceremony commemorating this milestone event at Yamal LNG.

 

Yamal LNG is comprised of 3 liquefaction trains with a total nameplate capacity of 16.5 mmtpa, or 5.5 mmtpa per LNG train. The project is supported by a fleet of Arc7 ice-class tankers supplemented by lower ice-class designated tankers to transport LNG cargos.

 

More than 100 LNG cargoes have been offloaded with approximately  7.5 million tons of LNG produced and delivered to 5 continents – a year since the Project’s first shipment in December 2017.

 

«Yamal LNG is currently the largest LNG project in Russia with an aggregate share of about 5% of the global LNG market», noted Leonid Mikhelson, NOVATEK’s Chairman of the Management Board.

 

«We believe that Yamal LNG represents a unique benchmark for the global oil and gas industry in terms of project success and implementation. Moreover, the Yamal LNG project enabled us to become one of the major players in the global LNG market. Our accomplishments pave the way to create a large-scale LNG platform utilizing the prolific conventional natural gas resources on the Yamal and Gydan peninsulas as well as facilitating the achievement of our strategic goal to produce 55 - 60 mmtpa by 2030.»

 

To read the news in Russian.

 

Source : Neftegaz.RU