Yamal LNG Ships 20 Million Tons of LNG

Business & Finance

Yamal LNG, a joint venture liquefied natural gas production project in Sabetta, Russia, has shipped its twenty millionth ton of LNG since the commencement of the project.

Image Courtesy: Teekay

As informed, the new Arc7 ice-class tanker Vladimir Voronin loaded the 273rd cargo as the project reached 20 million tons of LNG produced since the start-up of Train 1 in December 2017.

The 172,410 cbm Vladimir Voronin is the twelfth Arc7 ice-class tanker built specifically for the Yamal LNG project.

Owned by joint venture partners Teekay and China LNG Shipping, the newbuild was recently delivered in international waters off the coast off Russia.

Yamal LNG is constructing 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 Q4 2017 and Trains 2 and 3 — in July 2018 and November 2018, respectively.

Yamal LNG is owned and operated by a partnership comprised of Novatek (50.1%), Total (20%), CNPC (20%), and the Silk Road Fund (9.9%). It aims to tap natural gas reserves totaling more than 4 billion barrels of oil equivalent (BOE).