Yamal LNG Marks 20 Million Tons Shipped

FILE PHOTO: An Arc7 ice-class LNG carrier is docked in Arctic port of Sabetta, home to the Yamal LNG plant. REUTERS/Olesya Astakhova/File Photo

Yamal LNG has hit a milestone 20 million tons of LNG shipped since the commencement of the project in December 2017.

The milestone cargo was loaded onboard the new Arc7 ice-class tanker “Vladimir Voronin” marking the 273 cargo to sail from the port of Sabetta in Russia’s Far North. Vladimir Voronin is now the twelfth ice-class Arc7 LNG carrier built specifically for the Yamal LNG project.

Yamal LNG consists of three LNG liquefaction trains with an installed production capacity of 16.5 million tons per annum (MTPA) and 1.2 MTPA of gas condensate, which will be shipped to Asia-Pacific via the Northern Sea Route during the summer months and year-round to European markets. The plant utilizes hydrocarbon resources at the South-Tambeyskoye field in the Russian Arctic.

Yamal LNG’s first LNG train was inaugurated in December 2017, followed by the second and third trains in July 2018 and November 2018, respectively.

Shareholders of Yamal LNG include PAO NOVATEK (50.1%), Total (20%), CNPC (20%), and the Silk Road Fund (9.9%).

Yamal LNG only recently celebrated 10 million metric tons shipped since inception this past February.