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First Yamal LNG Train to be launched in 2017

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LNG Industry,

According to Reuters, Novatek is aiming to launch its first LNG Train for the Yamal LNG project in 2017. The Train will have a capacity of 5.5 million tpy of LNG, and will not require any extra financing.

Reuters reports that the Yamal LNG project is currently attempting to raise US$10 billion in external financing, which it is mainly sourcing from China.

Once complete, the Yamal LNG project should have three LNG Trains, with a total overall capacity of 16.5 million tpy of LNG.

Edited from various sources by David Rowlands

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