During the inauguration of Train 3 of the Yamal LNG project in the presence of the Prime Minister of Russia Dmitry Medvedev, Total announced the start of liquefied natural gas (LNG) exports from the third train of the Yamal LNG project in Russia. This has been achieved a year ahead of the initial schedule and within the original budget.
The Yamal plant has now reached its full planned capacity of 16.5 million tonnes per year less than a year after the first shipment of LNG from the project in December 2017. Moreover, 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,” comments 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 Yamal LNG project is operated by the Yamal LNG Company, owned by Russian independent gas producer Novatek (50.1%), Total (20%), CNPC (20%) and Silk Road Fund (9.9%).