The prompt startup of Yamal LNG in December shows Novatek has chosen its partners wisely and bodes well for future projects. Novatek plans to take FID on Arctic LNG 2, the company’s second liquefaction facility, in 2019.
Gazprom has already started complaining about Yamal volumes competing with pipeline gas on the European market, so Novatek – Russia’s largest independent gas producer – will need strong support from the government to progress its plans.
The Kremlin revealed in a statement on 27 December that President Vladimir...
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