PROJECT SPOTLIGHT: ARCTIC LNG2 [LNG Condensed]
The completion ahead of schedule and on budget of Yamal LNG’s first trains in 2018 was a watershed moment for Russia, marking not just the start-up of the country’s second LNG plant, but the first to be built by an independent gas producer, Novatek.
Despite a raft of proposed projects, it took Russia nine years to add to its first LNG plant, Sakhalin 2, which was completed in 2009. Yamal LNG’s three 5.5mn mt/yr trains more than doubled Russia’s LNG capacity to 27.3mn mt/yr, providing it with the ability to reach gas markets globally, unrestrained by the geo- graphic (and political) restrictions of its extensive pipeline network.
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Now, backed by the world’s largest proven gas reserves, which stood at an estimated 35 trillion m3 at end-2017, four times larger than the US, Russia aims to go further led by Novatek’s next large-scale development -- Arctic LNG 2.
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NOW AVAILABLE: Volume 1, Issue 3 - March 2019
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Volume 1, Issue 3 - March 2019
Canada - The Sleeping Giant
> Editorial: Pressure Testing the European gas Market
> Feature: South Asia’s Shifting NGV Opportunities
> Feature: Small-Scale LNG Opens Up Markets
> Country focus: Philippines: Major Potential for Small-Scale LNG
> Project spotlight: Arctic LNG 2
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