LNG jam: new powers of the arctic terminal. The third LNG plant is already operational

[related1] The Russian gas company Novatek, which is the majority shareholder of the terminal Jamal LNG over the Arctic Gulf of Obska, reported on Thursday that a third condensing installation was launched. The new installation already produces liquefied natural gas for export.

This means that the capacity of the Jamal LNG terminal increases by another 5.5 million tonnes of liquefied gas per year to 16.5 million tonnes per year.

Novatek chief Leonid Mihkelson emphasizes that the third condensing installation managed to run more than a year before the original deadline. In his opinion, it is an "unprecedented" fact in the world of this type of industry, which often faces delays.

[related2]

"We have transformed Novatek into a global gas player and gained unique experience in designing and building Arctic LNG projects," says Leonid Mikhelson. – We will use this experience by implementing our future LNG projects in this area rich in hydrocarbons. The innovative fourth condensing installation at the Jamał LNG terminal will be based on Novatek's proprietary "Arctic Cascade" gas liquefaction technology and will use equipment produced in Russia," stressed Novatek.

The Japanese LNG export terminal in the Russian Arctic has been operating since December last year. In August, the first cargo produced in the second condensing installation sailed from the terminal. It sent several dozen transports of liquefied natural gas, including China, Spain and Brazil. Novatek currently has a 24-year contract with a Spanish gas company. It will provide 2.5 million tonnes of LNG per year.

By 2030 Novatek intends to build and launch another export terminal – Arctic LNG 2. In October we wrote on the Shipyard Portal that the gas company signed a strategic agreement in this law with the German technology company Siemens.

[related3] Russian export LNG terminal may also soon appear on the Baltic Sea. Also in October, we wrote that Gazprom signed an agreement with Shell to build a terminal called Baltic LNG (the first agreement between companies on this matter was concluded just last year). According to the previously disclosed information, the terminal will be located near the Ust-Luga seaport. Gazprom plans to initially have a production capacity of 10 million tonnes of LNG per year. At the same time, the company announces that these powers will eventually increase twice. The Baltic LNG terminal will then be able to send 25 billion cubic metres of natural gas per year. By comparison, the reception terminal in Świnoujście can now accept approximately 5 billion m six per year, and after the investment programme its capacity will increase to 7.5 billion m six per year.

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