With Arctic LNG projects growing ahead of schedule, Novatek looks to the future
The independent Russian natural gas company has shipped 2 million tons of LNG from its Yamal project since it opened in December, and is looking ahead to a second Arctic project and a transshipment hub in Kamchatka.
Russia’s development of Arctic natural resources and shipping on the Northern Sea Route is bound to reach new milestones in 2018 as the natural gas company Novatek, operator of the Yamal LNG project, expands production at the facility ahead of schedule. The company also announced it had shipped 2 million tons of LNG since production began in December 2017 and is moving ahead with its new project, Arctic LNG 2 and a Kamchatka transshipment hub, without state support.
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