Russia's Yamal LNG loads its first export cargo

(Reuters) — Russia’s Yamal LNG project over the weekend loaded its first export cargo of 170,000 cubic meters of the super-chilled fuel from its Arctic terminal, according to China state energy group CNPC.

Yamal Lng Small
Photo courtesy of Novatek.

The cargo is headed for Europe, said CNPC on its website on Monday, without giving further details. CNPC is an investor in the project.

The first phase of the $27 B project was completed in December. Other phases are due to onstream in 2018 and 2019, and the project will eventually have four processing units with total capacity of 17.5 MMtpy.

China will take more than 4 MMt out of the total a year when full operation is reached, said the firm. Russia’s Novatek has provisionally set Dec 8 as the official launch date for the plant, Reuters has reported.

Reporting by Chen Aizhu; Editing by Tom Hogue

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