Russia's Yamal LNG plant expected to be launched in October
3/30/2017
SABETTA, Yamal (Reuters) -- Yamal LNG, Russia's second liquefied natural gas plant, is expected to be launched in early October, the chief executive of France's Total, Patrick Pouyanne, told reporters on Thursday.
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| Photo Courtesy of Total. |
Total is a shareholder of Yamal LNG, which will produce a total of 16.5 MMt of LNG per year, split between three production trains with 5.5 MMtpy of capacity each.
Leonid Mikhelson, chief executive of Novatek, the leading shareholder in the project, said that this year the plant planned to sell LNG on the spot market, with supplies under long-term deals to be started in 2018.
Reporting by Olesya Astakhova; Writing by Katya Golubkova; Editing by Alexander Winning
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