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Novatek starts production at Yamal LNG


Russia’s largest independent gas producer Novatek commenced production at the Yamal liquefied natural gas (LNG) export project’s first liquefaction train with a nameplate capacity of 5.5 mtpa. 

The company said that the first cargo loading is scheduled on December 8, at the Sabetta port where the first Arc7 ice-class LNG tanker Christophe de Margerie has arrived at the Yamal berth on November 7.

Novatek’s CEO, Leonid Mikhelson said the event mark a milestone accomplishment for the project.

The 172,600-cbm LNG carrier is the first of 15 ice-class tankers built to ship cargoes from the Yamal LNG project.

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.

The $27 billion project is a joint venture between Novatek, the operator with a 50.1 percent stake, China’s CNPC and Total of France with a 20 percent stake, each and China’s Silk Road Fund with a 9.9 percent stake.

 

Source: www.lngworldnews.com