Total announced the start of LNG exports from the third train of the Yamal LNG project in Russia, which has been achieved a full year ahead of schedule.
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, Russia.
The Yamal plant has now reached its full planned capacity of 16.5 million tons per year less than a year after the 1st shipment of LNG from the project in December 2017. Furthermore, this start-up occurs one week after Yamal LNG has shipped its one hundredth LNG cargo.
“We are proud of the successful launch of all three LNG trains of the Yamal LNG project less than a year after the start-up of the plant. This constitutes an unprecedented achievement for the industry,” commented Patrick Pouyanné, Chairman and CEO of Total. ”The positive experience of Yamal LNG paves the way for further LNG developments alongside our strategic partner Novatek, including Arctic LNG 2, the next major development based on giant low costs resources in Russia’s far north.”
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).