Anyway novatek is looking for partners and sharing costs in the project implementation but to remain majority stakeholder in the project with at least 51. Yamal lng im thierry lacave and im the deputy director construction for the yamal lng project. Technip confirms that with its partners it has finalized the award by jsc yamal lng of a very major contract for a liquefied natural gas lng facility with a capacity of 16. New arctic lng project will create 60 thousand new jobs. This first shipment is a major milestone for yamal lng, one of the biggest liquefied natural gas projects in the world. Novateks yamal lng complex opened in december of 2018 with a.
Russia uses northern sea route for lng shipments from eu to asia. Novatek and total yamal lng in good progress 2b1stconsulting. The yamal lng project was launched at the end of 20 by total, the operator novatek and cnpc. Jsc yamal lng announced the results of the international contest for designers and artists who were invited to decorate yamal lng tanks located in the russian arctic with contemporary art. Yamal lng is the first lng plant built above the arctic circle.
European banks wish to join in funding the project. Air products inks yamal lng agreement gas processing. In a briefing in london on tuesday, novatek ceo leonid mikhelson said that the russian energy firm intends to expand its groundbreaking yamal lng project with one more liquefaction train, adding. Lng shipped from the yamal lng project tops five million tons 25 september 2018 pdf, 168 kb. Second stage of yamal lng project to be launched next. Yamal lng completes project financing package report.
Qatar business interested in sakhalin1, sakhalin2, yamal. The yamal lng is due to be launched late this year. The yamal lng project includes the development of substantial infrastructure, including the sabetta seaport, sabetta international airport owned by novatek, a wastewater treatment plant, roads, fuel storages, utility networks, boiler house, living quarters and canteens as well as a power plant, and the construction and operation of an icebreaking fleet 31 and a lng tanker fleet, which will. First liquefied natural gas batch from russias yamal lng. Russias yamal lng project on track and on budget, says. Russias share in the global lng market will rise from 4 percent to above 8 percent by the completion of the yamal project. Yamal lng project is located near sabetta in the yamal peninsula in russia. Yamal lng starts production at 3rd train a year ahead of plan. In the presentation harnessing the energy of the far north, novatek highlights the main. Frances total and chinas cnpc both hold a 20 per cent stake in the yamal lng. Air products inks yamal lng agreement air products announced it has signed an agreement with a consortium, including technip and jgc, to implement the yamal lng project. Art design project yamal lng announces winner of art design contest.
The new gas carriers, named boris vilkitsky and fedor litke, were ordered as part of a series of 15 lng carriers for russias lng project. The first tanker of liquefied natural gas from the yamal lng project in russias arctic, which was opened by president vladimir putin last. Yamal is a liquefied natural gas project located deep in the russian arctic, a region that is icebound for seven to nine months during the year. Yamal project, also referred to as yamal megaproject, is a long term plan to exploit and bring to the markets the vast natural gas reserves in the yamal peninsula, russia. Yamal lng welcomes first tanker the independent barents. The problems posed by the environment on the yamal peninsula make logistics an unusual challenge, entailing as they do building a natural gas liquefaction plant with a capacity of 16. Vladimir putin officially launched on friday the yamal lng project in the arcticrussias second lng plant and its push to challenge the dominance of qatar and australia, and the u. Yamal lng project blogs, comments and archive news on. This marks the closure of the project financing package, which is sufficient to complete the construction of the project without the need for significant additional shareholder funding. The project comprises natural gas production, liquefaction, and shipping. Yamal lng, a joint venture liquefied natural gas production project in sabetta, has commenced initial production of lng at the plants third train. Not only novatek and its project partners have invested heavily in the project.
The project operated by novatek will already in 2018 reach it annual target production of 16,5 million tons of lng, company representatives say. Yamal lng project is a huge scale project to construct 3 trains of lng plant with capacity of 5. Shell abandoned its arctic alaska offshore drilling program in 2015, after. Following the lead of russias yamal lng, a new plan for alaska. Yamal lng project begins gas exports 1282017 paris total announces that the first cargo of liquefied natural gas lng from yamal lng is ready to leave sabetta. High efficiency factor of gas liquefaction process due to subzero.
Actually the working interest in yamal lng are split between. Yamal lng project begins gas exports business wire. How subsidies influence the yamal lng and prirazlomnoe projects. Mikhelson, the implementation of yamal lng project is progressing according to the plan. Pilot lng project on the yamal peninsula, russia onshore field 2p gas reserves 879 bcm 16. Yamal lng project, sabetta, yamal peninsula, russia. Matters discussed in this presentation may constitute forwardlooking. This is where total and its partners have teamed up to develop yamal lng, a project to build a liquefied natural gas plant onshore, above the arctic circle in russia. In addition to the lng plant, the project includes production at the yuzhnotambeyskoye gas field, and the transport infrastructure, including the sabetta seaport and airport. Presentations alaska gasline development corporation. Novatek, russias second biggest producer of conventional gas, plans to commission its second lng project, arctic lng2, by 2025 with planned lng production of up to 16.
Yamal lng project latest breaking news, pictures, videos, and special reports from the economic times. Novatek and total are targeting a plateau production of about 90,000 boed. As agreed, at least 4 million tones of lng will be shipped to. The project implies the development of the south tambey gas field on the yamal peninsula. Member of committee of the state duma committee for energy. In december 2017, novatek launched its muchpraised yamal lng in the arctic circle. Yamal lng commercial overview report wood mackenzie. Yamal lng is an integrated project encompassing natural gas production, liquefaction and shipping.
Russias lng ambitions no longer a pipe dream financial. Yamal project puts russia on the map in lng market huge arctic field to supply asia for decades duration. Operated by jsc yamal lng, a jointventure of novatek 50. The yamal lng project is expected to start in 2017 and is headed by russian gas producer novatek with partners cnpc and total. The project will comprise three liquefaction trains of 5. Well known geology and proven development technologies. Im in charge of building the lng plant, the lng tanks and the power plants. Yamal lng is an integrated project for natural gas production, liquefaction and marketing.
Despite difficult permafrost conditions and financial limitations imposed by u. Moscow sputnik businesses in qatar are interested in taking part in two sakhalin oil and gas projects, and the liquefied natural gas lng project in russias arctic yamal peninsula, russian ambassador in doha nurmakhmad kholov told sputnik. Large onshore conventional reserve base with high concentration of reserves. According to the companys plans, kola wharf for one more project arctic lng2 will be built in 2019. Jgc, in consortium with technip, awarded the yamal lng. How ges smallscale liquefied natural gas lng plant works duration. Technip wins massive yamal lng epc contract rogtec. Launched in late 20, yamal lng is one of the largest and most complex lng projects in the world. This project is the worlds biggest modularized project, aiming at minimizing the construction work at sabetta construction site where the climate is very severe. Increased exploration activities at yamal and gydan. On 29 april 2016, yamal lng signed financing deals with the exportimport bank of china and the china development bank.
Systech international prepared a claim for an extension of time and the recovery of additional costs incurred due to acceleration and mitigation measures for the yamal lng project. Ship photos first icebreaking yamal lng carrier launched. In the long term, the qataris are considering their participation in the projects sakhalin1, sakhalin2, yamal lng, kholov said. Mikhelson also presented novateks next major arctic lng project, the arctic lng2. The yamal lng commercial overview outlines the project development and commercial structure. Alaska gasline development corporation 3201 c street, suite 201 anchorage ak 99503 p 9073306300 f 9072223420 toll free 8552774491. Explore yamal lng project profile at times of india for photos, videos and latest news of yamal lng project. Dsme delivers lng carrier duo for yamal project world. From the russian perspective, yamal lng is not just an economic. The yamal lng project in russia is a 4train lng development operated by yamal lng. The project consists of construction of a liquefied natural gas lng plant with an output capacity of around 16. Uk turns to russian project targeted by sanctions for gas. Novatek russia, total france, cnpc and the silk road fund china are its shareholders.