Russia’s Novatek in another Yamal LNG milestone

Russia’s largest independent natural gas producer and LNG operator, Novatek said Tuesday that its $27 billion Yamal LNG export project in the Arctic has shipped the hundredth cargo of liquefied natural gas.

The hundredth cargo was achieved less than a year since the Yamal LNG project’s first shipment in December 2017.

The cargo was loaded onto the Arc7 ice-class LNG carrier Fedor Litke, making the project’s cumulative to-date delivery of 7.4 million tons, according to Novatek.

Yamal LNG is buidling a 17.4 mtpa natural gas liquefaction plant comprised of three LNG trains of 5.5 mtpa each and one LNG train of 900 thousand tons per annum, utilizing the
hydrocarbon resources of the South-Tambeyskoye field in the Russian Arctic.

The first LNG train began production in the fourth quarter of 2017 and Trains 2 and 3 – in July 2018 and November 2018, respectively.

Besides Novatek, Yamal LNG’s shareholders include France’s Total, China’s CNPC and Silk Road Fund.