Yamal LNG has been granted state permission to commission the main technological facilities of the first stage of the LNG plant, including the first liquefaction train, 58 gas wells and the respective infrastructure.
The design capacity of the first LNG train is 5.5 mn tons per annum. Yamal LNG plans to begin shipping LNG before the end of 2017.
Yamal LNG project envisages three stages with an aggregate capacity of 16.5 mn tons of liquefied natural gas per annum. The LNG plant will use the hydrocarbon resources of the South-Tambeyskoye field.
Yamal LNG shareholders are Novatek (50.1%), Total (20%), CNPC (20%), and Silk Road Fund (9.9%).