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Yamal LNG
Yamal LNG (Russian: ОАО "Ямал СПГ") is a joint venture led by Novatek based around a liquefied natural gas plant located in Sabetta at the north-east of the Yamal Peninsula, northwest Siberia, Russia. In addition to the LNG plant, the project includes production at the Yuzhno-Tambeyskoye gas field, and the transport infrastructure, including the Sabetta seaport and airport.
Yamal LNG project was proposed when the company with the same name and controlled by Gennady Timchenko and Pyotr Kolbin got a license for the Yuzhno-Tambeyskoye gas field in 2005. Novatek took control of Yamal LNG in 2009. Another project named Yamal LNG was proposed by Gazprom. In November 2008, Gazprom announced that it prepared a list of potential partners for the LNG plant of the Yamal project. Although the list was not disclosed, Gazprom indicated that ExxonMobil and ConocoPhillips were included on the list. Also Royal Dutch Shell, Repsol YPF and Petro-Canada were mentioned as potential partners. In October 2010, the Novatek's project was chosen by the Russian government as a pilot project. The groundbreaking ceremony for the port construction was held in July 2012; however, construction of the port itself began in 2013.
As of 7 April 2014, the Yamal LNG OJSC is Novatek (60% stake), China's CNPC (20% stake) and France's Total (20% stake).
In December 2014, amid the 2014–15 Russian financial crisis, the Russian government gave a 150 billion rouble subsidy to the project.
The commercial operation of the port and first LNG train (LNG purification facility) were launched on 8 December 2017 by starting loading the first LNG carrier named after the late CEO of Total Christophe de Margerie. The loading was ceremonially launched by president Vladimir Putin in the presence of Saudi Arabia's energy minister Khalid al-Falih.
According to Novatek on 22 October 2019, the natural gas reserves in the Yamalo-Nenets Autonomous Okrug represent 80% of Russia's natural gas and 15% of the world's natural gas supply.
In 2021, Yamal LNG was ranked no. 30 among 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle in the Arctic Environmental Responsibility Index (AERI). The plant is expected to produce a total of 926 billion cubic metres of liquefied natural gas from the South Tambey field and is considered by some to be the 'crown jewel' of the Northern Sea Route.
The project cost is US$27 billion.
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Yamal LNG AI simulator
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Yamal LNG
Yamal LNG (Russian: ОАО "Ямал СПГ") is a joint venture led by Novatek based around a liquefied natural gas plant located in Sabetta at the north-east of the Yamal Peninsula, northwest Siberia, Russia. In addition to the LNG plant, the project includes production at the Yuzhno-Tambeyskoye gas field, and the transport infrastructure, including the Sabetta seaport and airport.
Yamal LNG project was proposed when the company with the same name and controlled by Gennady Timchenko and Pyotr Kolbin got a license for the Yuzhno-Tambeyskoye gas field in 2005. Novatek took control of Yamal LNG in 2009. Another project named Yamal LNG was proposed by Gazprom. In November 2008, Gazprom announced that it prepared a list of potential partners for the LNG plant of the Yamal project. Although the list was not disclosed, Gazprom indicated that ExxonMobil and ConocoPhillips were included on the list. Also Royal Dutch Shell, Repsol YPF and Petro-Canada were mentioned as potential partners. In October 2010, the Novatek's project was chosen by the Russian government as a pilot project. The groundbreaking ceremony for the port construction was held in July 2012; however, construction of the port itself began in 2013.
As of 7 April 2014, the Yamal LNG OJSC is Novatek (60% stake), China's CNPC (20% stake) and France's Total (20% stake).
In December 2014, amid the 2014–15 Russian financial crisis, the Russian government gave a 150 billion rouble subsidy to the project.
The commercial operation of the port and first LNG train (LNG purification facility) were launched on 8 December 2017 by starting loading the first LNG carrier named after the late CEO of Total Christophe de Margerie. The loading was ceremonially launched by president Vladimir Putin in the presence of Saudi Arabia's energy minister Khalid al-Falih.
According to Novatek on 22 October 2019, the natural gas reserves in the Yamalo-Nenets Autonomous Okrug represent 80% of Russia's natural gas and 15% of the world's natural gas supply.
In 2021, Yamal LNG was ranked no. 30 among 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle in the Arctic Environmental Responsibility Index (AERI). The plant is expected to produce a total of 926 billion cubic metres of liquefied natural gas from the South Tambey field and is considered by some to be the 'crown jewel' of the Northern Sea Route.
The project cost is US$27 billion.