YAMAL LNG is an integrated project for natural gas production, liquefaction and marketing
Key Project Advantages
Large onshore conventional reserve base with high concentration of reserves
Well known geology and proven development technologies
Very low F&D and lifting costs
High efficiency factor of gas liquefaction process due to sub-zero temperatures
Access to both European and Asian markets
State support, including tax benefits
The field development plan provides for the drilling of 208 wells at 19 well drilling pads. Natural gas produced at the field will be delivered to the international markets in a form of liquefied natural gas, or LNG, which requires construction of a liquefaction plant consisting of three (3) production trains of 5.5 mmt annual capacity each. The shipping infrastructure will include a jetty with two tanker loading berths at the port of Sabetta equipped with ice protection barriers. Ice-class LNG carriers of special Arc-7 design will be used to transport the LNG to international markets.
The final investment decision on the project was made in December 2013.
Production on the first train commenced on 5 December 2017. Yamal LNG has shipped the first LNG cargo containing 170 thousand cubic meters on 8 December 2017.
We are approximately 92.5% complete on the overall project at the end of the first quarter 2018.
NOVATEK Arctic fields
mmt per annum -
capacity of the LNG plant
bcm of natural gas -
proved and probable reserves
of the South-Tambeyskoye field
according to the PRMS reserves standards
as at the end of 2017
bcm of natural gas per annum -
the field’s production potential
stipulated by the field’s development plan
share of NOVATEK in the Yamal LNG project (20% - Total, 20% - CNPC, 9.9% - Silk Road Fund)
launch of LNG production