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.