Supply & Demand

Yamal LNG startup to weigh on spot LNG prices

Train 1 at Yamal LNG is set to be commissioned by the end of 2017. This will add volumes to the spot market as the train ramps up in early 2018 Train 1 at Yamal LNG is set to be commissioned by the end of 2017. This will add volumes to the spot market as the train ramps up in early 2018.
By Catriona Scott 18 August 2017 0 27245
Train 1 at Yamal LNG is set to be commissioned by the end of 2017. (Novatek)

Directional impact on forecast:
Bearish on Northeast Asia LNG spot prices

Yamal LNG is on course to be commissioned in late 2017, adding to the LNG volumes available on the spot market during the peak winter demand period in Q1 2018.

The final compressor module for Yamal was reportedly delivered in mid-August, and initial commissioning activity is under way. Train 1, which will have a capacity of 5.5 mtpa, is on course to start up before the end of 2017. If the commissioning schedule...