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Yamal LNG to ship first cargoes in November


Yamal LNG the export project operated by Russia’s largest independent natural gas producer, Novatek, is set to ship its first cargo in November.

The project will dispatch two cargoes in November, with four more to follow in December, Reuters reports, citing Russia’s customs service.

The shipment reports follow the ones in late September stating that the first liquefaction train is about to come on-stream in November.

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 $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