Entry into new construction project Arctic LNG-2

In 2015, The Company concluded a contract with “Kola Yard” LLC, subsidiary of NOVATEK

In 2015, The Company concluded a contract with “Kola Yard” LLC, subsidiary of NOVATEK, which is one of the largest independent producer of natural gas in Russia, Murmansk Oblast.

Arctic LNG-2 will become the second LNG-project operated by NOVATEK.

This project involves the construction of complex for production, storage and offloading of LNG and stable gas condensate at Salmanovsk field.

First line starting is set approximately on 2023, followed by staged commissioning of the project in 2023—2025.

The planned annual production capacity makes 18 million tons of liquefied natural gas.


Polina Vaschilina Sep 7
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