Search for Yamal LNG

08.08.2014 Yamal LNG project continues despite sanctions

Russia’s Yamal LNG project and construction of the Port of Sabetta are on track despite Western sanctions, head of project operator Novatek says.

20.04.2014 Yamal Bests Shtokman in Race to Build Russia's 2nd LNG Plant

The cost of construction of Russia’s second LNG plant has gone up some 50 to 60 percent against initial estimates, reaching the investment level of Gazprom’s Shtokman gas condensate field development project, which the monopoly delayed indefinitely.

07.04.2014 Russia’s Yamal LNG to buy services from Belgian Fluxys

Yamal LNG and Fluxys have signed an agreement outlining the parameters of cooperation on the transshipment of liquefied natural gas (LNG), supplied from an LNG plant on the Yamal Peninsula (Russia), at Fluxys’ LNG terminal in Zeebrugge (Belgium), Fluxys press office said

02.04.2014 US not to support Novatek’s Yamal gas project

The United States Export-Import Bank halted a review of financing for a Russian natural gas export project after the Obama administration imposed sanctions on individuals including a billionaire with a stake in the facility, Bloomberg reported on April 1.

27.03.2014 US sanctions not to affect Yamal LNG - Novatek CEO

Russian gas producer Novatek's $27 billion Yamal LNG project won't be impacted by recent U.S. sanctions against a shareholder of the company, its chief executive said, Reuters reported on March 26.

26.02.2014 Russia’s Novatek earnings up in 2013

Novatek on February 25 released its audited consolidated financial statements for the years ended 31 December 2013 and 2012 prepared in accordance with the International Financial Reporting Standards (“IFRS”).

21.02.2014 Total to buy LNG from Russia’s Yamal plant

Company representative Phillippe Sauguet has confirmed that Total would buy almost 25 percent of the Yamal LNG plant’s total output, Barents Observer reported on February 20.

29.01.2014 Russia’s Novatek to spend less on Yamal LNG project

CNPC will be the main financier of the Yamal LNG project after buying 20% of shares from Novatek. In the meantime, Novatek continues to look for new partners to buy another 10% of Yamal LNG.

29.01.2014 More foreign investment coming for Russian Arctic developments

Western oil companies are sponsoring the exploration of Russian Arctic waters, and the grand Yamal LNG project gets the lion’s share of investments from French and Chinese partners, Barents Observer said on January 28.

15.01.2014 Russia’s Novatek sells stake in Yamal LNG to China’s CNPC

Novatek announced on January 14 the closing of the sale of a 20% participation interest in Yamal LNG Project (“Project”) to CNODC, a subsidiary of China National Petroleum Corporation (“CNPC”), upon the receipt of all necessary regulatory approvals from Russian, European