Yamal project, also referred to as Yamal megaproject, is a long term plan to exploit and bring to the markets the vast natural gas reserves in the Yamal Peninsula, Russia. On 29 April 2016, Yamal LNG signed financing deals with the Export-Import Bank of China and the China Development Bank. CTTO MARITIME NEWS See More Siemens. OOO Arctic LNG 2 is the operator and owner of all the assets. Capital expenditure to launch the project at … An integrated project, it encompasses natural gas production from the South Tambey Field, liquefaction and shipping. Photo: Sovcomflot.ru. Russia’s state nuclear corporation Rosatom, which operates the … Operated by JSC Yamal LNG, a joint-venture of NOVATEK (50.1%), TOTAL (20%), CNPC (20%) and Silk Road Fund (9.9%), the Project is based on the Yamal Peninsula, above the Arctic Circle, and utilizes the resources of the South Tambey Field. LNG Carrier for Yamal LNG Project Named LNG MERAK. The project is developed by Gazprom. The Yamal LNG Project is one of Russia's largest resource projects and is being undertaken by JSC Yamal LNG, which is jointly owned by Novatek (80%), Russia's largest independent oil and gas company, and Total (20%), a major French energy company. The project is expected to have a production capacity of 19.8 million tons (Mt) of LNG a year. The first Arc7 ice-class LNG carrier, SCF Yamal, was launched last week at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in South Korea. The 172,600-cbm vessel, which was ordered by Russia’s Sovcomflot to serve the Novatek-operated Yamal LNG project, will be the world’s first LNG carrier that can navigate through ice, according to DSME. The other shareholders are Total (10%), China National Petroleum Corporation (10%), China National Offshore Oil Corporation (10%) and Mitsui/Jogmec (10%). First deliveries of over 15 bcm per year were originally expected to start by the end of 2011. Yamal Train 4 Produces FIrst LNG: Novatek. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}70°29′N 68°00′E / 70.483°N 68.000°E / 70.483; 68.000, Project to exploit the natural gas reserves in the Yamal Peninsula. The field is located in the Gydan Peninsula in YNAO approximately 70 km across the Ob Bay from Yamal LNG. Administratively, the project is located in the Yamalo-Nenets Autonomous Okrug. The field’s proven and probable PRMS natural gas reserves are estimated at 926 BCM. When the first train opened in December 2017 and Ice class LNG tanker CHRISTOPHE DE MARGERIE, IMO 9737187, dwt 96779, built 2016, flag Cyprus, manager SCF, charterer NOVATEK. High concentration of conventional on-shore reserves; LNG Plant - right on the South Tambey Field. Novatek amazed world experts with its huge plants and infrastructure built in the remote Yamal Peninsula at record speed. The fourth and last train of Russian gas company Novatek’s Yamal LNG project is delayed and might cost the company several billions in lost revenue, according to reports. It uses 20 of Reflex Marine’s crew transfer carriers across vessels and platforms – … It all comes from the Yamal Peninsula, where Novatek in December 2017 officially launched production at the first of three production trains in its grand Yamal LNG. Our complementary skills are driving the success of this extraordinary project. [1] It is expected to be put in operation by 2011. COMPULSORY INFORMATION DISCLOSURE BY ISSUER. [2] Construction of this pipeline started in July 2008 and was officially launched on 3 December 2008. The main partner on this project is Novatek, a Russian company that holds a 60% interest. Novatek completed construction of Yamal LNG ahead of schedule and within budget, and stable operation and 2 JSC Yamal LNG 4 Baker Hughes, a GE Company The Yamal liquefied natural gas (LNG) facility is an integrated project located north of the arctic circle on the Yamal Peninsula in northern Russia. An Arctic tanker loading liquefied natural gas at the Yamal LNG plant in the port of Sabetta, Russia. [1] The project was officially inaugurated on 3 December 2008. Russian natural gas producer Novatek, the majority owner of Yamal LNG, insisted in a statement that "the Yamal LNG project has all the necessary capacities to ensure supplies of LNG … Total has knowledge and expertise in building LNG plants, but we don't have Novatek's expertise in building in the Arctic. Total reserves and resources of all fields in the Yamal Peninsula: 26.5 trillion cubic meters of gas, 1.6 billion tons of gas condensate, and 300 million tons of oil. YAMAL LNG: A PARTNERSHIP BUILT ON EXCELLENCE. The Yamal LNG project, another project being undertaken by Novatek, also within the Russian Arctic Circle, commenced production in December 2017. [5] Also Royal Dutch Shell, Repsol YPF and Petro-Canada had been mentioned as potential partners. Novatek in cooperation with Total S.A. and China National Petroleum Corporation develops a project with the same name. General director of the company was Gleb Luxemburg and from September 2014 Evgeny Kot has been appointed the CEO of Yamal LNG. Total holds the remaining 20%. The contract is part of a project to transport LNG from the Yamal peninsula in Northwest Siberia to Asia and Europe. The Christophe de Margerie, an ice-class vessel serving Novatek PJSC’s-led Yamal LNG project, departed from the production plant in Sabetta, Russia, on … The project employs an innovative construction concept using gravity-based structures (GBS). A joint project (Yamal-Europe pipeline) between gas transportation companies of Russia, Belarus, Poland and Germany was agreed in 1993 and commissioned in 1999. A Complex Yet Highly Competitive Project. Operated by JSC Yamal LNG, a joint-venture of NOVATEK (50.1%), TOTAL (20%), CNPC (20%) and Silk Road Fund (9.9%), the Project is based on the Yamal Peninsula, above the Arctic Circle, and utilizes the resources of the South Tambey Field. Project in progress. Approvals received from the State Environmental Expert Review Board and the State Expert Review Board; construction permits obtained for each of the key facilities; Proven traditional reservoir development technology; Highly efficient liquefaction process due to the low average annual temperature, Access to European and Asia Pacific markets. [2][3], Several pipelines are envisaged for delivery of the Yamal gas. PJSC “YUZHNIIGIPROGAZ”, a design and project engineering institute, acts as the engineering "Gazprom starts developing the Yamal gas fields", "Gazprom vs. other Russian gas producers: The evolution of the Russian gas sector", First Gas Feeds to Bovanenkovo-Ukhta GTS, Natural Gas Europe, Eastern Siberia–Pacific Ocean oil pipeline, https://en.wikipedia.org/w/index.php?title=Yamal_project&oldid=1001789979, Wikipedia articles in need of updating from June 2015, All Wikipedia articles in need of updating, Creative Commons Attribution-ShareAlike License, This page was last edited on 21 January 2021, at 10:14. This marks the closure of the project financing package, which is sufficient to complete the construction of the project without the need for significant additional shareholder funding. This project is the world's biggest modularized project, aiming at minimizing the construction work at Sabetta construction site where the climate is very severe. [1] Actual pipeline filling with natural gas started on 15 June 2012; operation is expected to start imminently.[4]. The Utrenneye field is the resource base for Arctic LNG 2. Sovcomflot provides the Christoph de Margerie tanker to Novatek’s Yamal LNG project. China's CNPC has a 20% stake. [1], Preparations for the Yamal's development started in the 1990s. A consortium of partners, headed by Russian gas producer Novatek, have joined the Yamal project to open up gas from the Yamal peninsula, which is located inside the Arctic Circle and locked in ice for most of the year. The field’s proven and probable PRMS natural gas reserves are estimated at 926 BCM. The largest gas fields for which Gazprom owns the licenses are the Bovanenkovo, Kharasavey, Novoportovo, Kruzenshtern, Severo-Tambey, Zapadno-Tambey, Tasiy and Malygin fields. It is owned by Teekay and China LNG Shipments. The project is developed by JSC Yamal LNG. The Yamal LNG Project is currently under development in an area centered around Sabetta in the Yamalo-Nenets Autonomous District of the Russian Federation on the Yamal Peninsula above the Arctic Circle, a region referred to as "Remote Land" in the local language. Novatek has a 50.1% stake in the Yamal LNG project on the shores of the Yamal peninsular. Annual production of 8 billion cubic meters (bcm) will increase to 75-115 bcm by 2017. [2] In July 2008 Gazprom launched the construction of the Bovanenkovo–Ukhta gas trunkline at the submerged crossing via the Baydaratskaya Bay. The LNG Plant will be built in three phases which are scheduled for start-up in 2017, 2018, and 2019, respectively. The Project consists of construction of a liquefied natural gas (LNG) plant with an output capacity of around 16.5 million tons per year, using the South Tambey Field as a resource base. After commissioning of the Bovanenkovo–Ukhta gas trunkline it will deliver Yamal's gas to Europe. The project is developed by Gazprom. The Yamal LNG project is expected to produce 16.5 million metric tons of LNG annually. Yamal LNG, a joint venture of NOVATEK, TOTAL, CNPC and Silk Road Fund, is responsible for the operation of the project. In November 2008, Gazprom announced that it prepares a list of potential partners for the Yamal LNG project. Shell holds a 20 percent stake in the project on the Pacific island of Sakhalin. [1] The 1,100 kilometres (680 mi) gas pipeline is to connect the Bovanenkovo gas field with the Russian gas hub at Ukhta. [2] In January 2002, Gazprom identified the Yamal Peninsula as a region of Gazprom's strategic interest. YAMAL LNG is an integrated project encompassing natural gas production, liquefaction and shipping. One iconic Group project in the area is Yamal LNG, located in Russia’s Far North. 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