France’s Total announced that the start of first shipment of LNG from the second train of the Yamal LNG project in Northern Russia.
Yamal LNG is developing the 4.6 billion barrels of oil equivalent of reserves (boe) from the giant onshore South Tambey gas and condensate field, located on the Yamal Peninsula.
The second train adds an additional 5.5 million tons per year of LNG capacity to the facility, bringing the total capacity in operation to 11 million tons per year. At full capacity, the three-train facility will supply 16.5 million tons of LNG per year to Asian and European markets. The third train is expected to start up in early 2019.
“Following the successful start-up of Yamal LNG in December last year, the first shipment from the second train ahead of schedule is another major milestone for this world-class LNG project,” commented Patrick Pouyanné, Chairman and CEO of Total. “The Yamal LNG production adds competitive LNG resources to our growing portfolio. We will keep developing new LNG projects in the Russian Arctic with our strategic partner Novatek, as illustrated by the recent announcement of our entry in Arctic LNG 2 with 10 per cent direct working interest.”
The project is operated by the Yamal LNG Company, owned by Russian independent gas producer Novatek (50.1 per cent), Total (20 per cent), CNPC (20 per cent) and Silk Road Fund (9.9 per cent).