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Novatek to launch second stage of Yamal LNG in early August

Yamal LNG is Novatek’s first LNG plant

JIANGSU RUDONG /China/, July 19. /TASS/. The second stage of the Yamal liquefied natural gas (LNG) plant will be launched in early August, Chief Executive Officer of Russia’s gas producer Novatek Leonid Mikhelson said Thursday.

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Yamal LNG (50.1% owned by Novatek, 20% - France’s Total, 20% - China’s CNPC, 9.9% - Silk Road Fund) is Novatek’s first LNG plant. The project, which is being implemented on the resource base of the Yuzhno-Tambeyskoye field in Russia’s Arctic region, envisions the launch of three stages, each with the capacity of over 5.5 mln tonnes a year, and the fourth - with the capacity of 0.9 mln tonnes. The first stage was put into operation on December 8, 2017.

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