Arctic — 2 The start of the third production line will be advanced to 2025

According to a report from Natural Gas News on May 17, 2021, Leonid Mikherson, the chief executive of Novatek, Russia’s second largest natural gas company, said in Moscow on May 17, according to a report from Natural Gas News on May 17, 2021.

According to the meeting minutes posted on the Kremlin website, Mikherson said, “Previously, we planned to launch the third LNG production line in 2026, but now this production line will be launched in 2023, 2024 and 2025.

Mikherson said: "Despite the occurrence of COVID-19, we have not deviated from the timetable for the implementation of the Arctic LNG-2 project.

Each of the three production lines of the Arctic LNG-2 project has an annual production capacity of 6.

Arctic LNG-2 is Novatek's second largest LNG export facility after Yamal LNG with a capacity of 16.

Mikherson said that Yamal LNG's current capacity is 114% of its rated capacity.

Li Jun compiled from natural gas news

The original text is as follows:

Russia's Novatek brings forward start date for Arctic LNG 2's third train to 2025

Russia's Novatek plans to start up the third train at its 19.

　　"Previously, we planned the third train in 2026, but now the trains will be launched in 2023, 2024, and 2025," Mikhelson said, according to a transcript of the meeting posted to the Kremlin website.

　　"Despite COVID-19, we did not deviate from the schedule of implementation of Arctic LNG 2," Mikhelson said.

　　Each of the three trains at Arctic LNG 2 will have a production capacity of 6.

　　Arctic LNG 2 is Novatek's second major LNG export facility after the 16.

　　Mikhelson said Yamal LNG was operating at 114% of its nameplate capacity.