LNG

Yamal LNG to beat sales targets as new trains start up ahead of schedule

Novatek expects its Yamal LNG plant to sell 8 mt more LNG than planned in 2018 and 2019.
By Staff reporter 20 July 2018 0 31828

Novatek expects its Yamal LNG plant to sell 8 mt more LNG than planned in 2018 and 2019, Interfax quoted Chief Executive Leonid Mikhelson as saying on Thursday.

Novatek is set to bring the plant’s second train online in early August, four months ahead of schedule, which will increase sales by 2.5-3.0 mtpa.

The company plans to launch the third train a year earlier than the original December 2019 date, which will add another 5.5 mt of capacity, according to Mikhelson.