The second train of the Yamal LNG project in Northern Russia is ready for its first shipment, according to project shareholder, Total, on Friday.
Total said this shipment from the second train would add an additional 5.5 million tons per year of LNG to the facility, bringing the total operational capacity to 11 million tons per year.
'At full capacity, the three-train facility will supply 16.5 million tons of LNG per year to Asian and European markets. The third train is expected to start up in early 2019,' Total said.
'Following the successful start-up of Yamal LNG in December last year, the first shipment from the second train ahead of schedule is another major milestone for this world-class LNG project,' commented Patrick Pouyanne, chairman and CEO of Total.
'The Yamal LNG production adds competitive LNG resources to our growing portfolio. We will keep developing new LNG projects in the Russian Arctic with our strategic partner Novatek,' he added.
Russian independent gas producer Novatek operates and owns the majority 50.1 percent share of the Yamal LNG project, Total holds a 20 percent share, CNPC also has a 20 percent share while the Silk Road Fund has a 9.9 percent interest.
By Murat Temizer
Anadolu Agency
energy@aa.com.tr