Search results for: Yamal LNG

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  • 20 March 2015

    Novatek the operator of Yamal LNG project is reportedly in talks with the Russian development bank, VEB, for a $1 billion loan to fund the project.

  • 9 January 2020
    Vessels

    Japan’s Mitsui O.S.K. Lines (MOL) has held a naming ceremony for an LNG carrier, jointly ordered by MOL and China COSCO Shipping.

  • 7 November 2012

    The representatives of Yamal LNG shareholders – Novatek and Total – evaluated the status of the Yamal LNG project, notably, implementation of the pre-FID (final investment decision) activity plan, Novatek said in a statement. The shareholders highly appreciated the achieved results and the progress made in moving the Project forward according to its accelerated development […]

  • 6 February 2018
    Ports & Logistics, Vessels

    The Gate terminal in the Dutch port of Rotterdam is expected to handle this week the second cargo from the Novatek-operated Yamal LNG project in the Russian Arctic. To remind, Gate performed the first-ever transshipment of a cargo sourced from the Russian project in late December. According to the vessel tracking data by the marine […]

  • 4 October 2019
    Business & Finance

    Eastbound shipments represented 25% of all LNG dispatched from Yamal LNG during the third quarter of 2019.

  • 11 December 2019
    Vessels

    The final ice-class LNG tanker set to work on the Yamal LNG project has marked its operational start with the loading of its first cargo.

  • 23 July 2012

    OAO NOVATEK held an official ceremony to mark the start of construction at the Sabetta port and laid a commemorative capsule into its foundation. The Sabetta port will be located on the North-East of the Yamal Peninsula in Yamal-Nenets Autonomous Region (YNAO). The Sabetta port will serve as a key element of the transport infrastructure […]

  • 12 April 2017

    Heavy-lift specialist ALE has been contracted to provide module trans-shipment operations for the Yamal LNG project and has been working on the project since preparation stages in 2015.

  • 6 March 2015
    Project & Tenders

    Yamal Trade, a unit of Yamal LNG and Fluxys LNG signed a 20-year contract for transshipment of up to 8 million tons of LNG per year at the port of Zeebrugge, Belgium, to support year-round LNG deliveries from the Yamal Peninsula to Asian-Pacific markets.

  • 22 December 2014

    Yamal LNG project in Russia could get a 150 billion roubles of support from Russia’s National Wealth Fund.

  • 12 November 2018
    Vessels

    South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) named three Arc-7 ice class liquefied natural gas carriers to serve the Novatek-operated Yamal LNG project.

  • 11 December 2017
    Ports & Logistics, Vessels

    The first cargo of liquefied natural gas from the Novatek-operated Yamal LNG project in the Russian Arctic is heading towards Europe, according to the China state energy group CNPC. CNPC is a shareholder in the giant LNG export project, Russia’s second such facility, along with Total each company having a 20 percent stake and China’s […]

  • 10 September 2013

    NOVATEK, China National Petroleum Corporation and a consortium of Chinese financial institutions concluded a memorandum on project financing for the Yamal LNG project. According to the memorandum, the Chinese commercial banks – China Development Bank Corporation, Industrial and Commercial Bank of China, Bank of China and China Construction Bank, – will consider actively participating in […]

  • 24 November 2015

    Novatek, the operator of the Yamal LNG project informed on Tuesday that the second tranche of 15-year bonds in a total amount of RUB75 billion (USD 1.16 billion) has been issued by the Arctic project.

  • 4 December 2018
    Ports & Logistics, Vessels

    Russia’s largest independent natural gas producer and LNG operator, Novatek said Tuesday that its $27 billion Yamal LNG export project in the Arctic has shipped the hundredth cargo of liquefied natural gas. The hundredth cargo was achieved less than a year since the Yamal LNG project’s first shipment in December 2017. The cargo was loaded onto the […]

  • 13 June 2017

    Novatek-led Yamal LNG project secured 14-year credit facilities in the amount of €425 million ($476.8 million) with Raiffeisen Bank International and Intesa Sanpaolo.

  • 24 March 2015
    Business & Finance

    Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co., Ltd. (S.Korea) has laid the keel for the first gas tanker ordered by Russian Sovcomflot Group for transportation of liquefied natural gas (LNG) under Yamal LNG project. The vessel is intended to be used for training crews for Arctic LNG carriers and for practicing navigation in severe […]

  • 17 March 2014
    Business & Finance

    Russia’s state-owned shipping company Sovcomflot has placed its first order for a $316 million worth liquefied natural gas (LNG) carrier. South Korean shipbuilder, Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) will be responsible for the construction of this ARC7 ice-class tanker, the first of its kind in the industry. This vessel kicks off a […]

  • 24 September 2018

    The Fluxys-operated Zeebrugge liquefied natural gas terminal in Belgium is set to complete a transshipment of Yamal LNG cargo during the week. 

  • 18 December 2013

      Novatek of Russia said on Wednesday that the Board of Directors of Yamal LNG approved a final investment decision (FID) for the LNG export project, consisting of the development of the South-Tambeyskoye gas condensate field and the construction of a natural gas liquefaction plant on the Yamal Peninsula. All of the relevant corporate approvals […]

  • 5 December 2017
    Business & Finance

    The first liquefied natural gas cargo from Russia’s Yamal LNG terminal is scheduled to be loaded utilizing the Arc7 ice-class LNG tanker Christophe de Margerie on December 8, 2017. The cargo loading would be undertaken at the Sabetta port only days after the project started producing LNG at the first LNG train with the nameplate capacity of […]

  • 10 August 2017
    Equipment, Project & Tenders

    Sinotrans Sarens JV said it has recently completed the transportation and load-out of 55 modules for the Novatek-operated Yamal LNG project in Russian Artic. Each of the modules weighed between 90 and 4.950 tonnes, with minimum dimensions of 20x10x9 metres and maximum dimensions of 43x33x45 metres. The $27 billion Yamal LNG project is expected to […]