As Russia’s existing nuclear icebreakers will be reaching the end of their useful lifespan in the coming years, the country embarked on constructing five new nuclear icebreakers, named the Arktika class.The first vessel of this class, also named Arktika, was Novatek’s and Russia’s efforts to export natural gas year-round to Asia via the Northern Sea Route took an important step last month when several of the company’s specialized Arc7 ice-breaking LNG carriers Earlier this month, Russian Prime Minister Mikhail Mishustin highlighted the importance of icebreakers for the oil and gas industry in the Arctic stating that icebreakers will be key to unlocking the full transport potential of the NSR. Russian natural gas giant Novatek remains optimistic that its largest and newest liquefied natural gas project, Arctic LNG 2, is on track to begin production by the end of 2022. This category only includes cookies that ensures basic functionalities and security features of the website. Winter sea ice usually retreats from Ob Bay by May or early June allowing unassisted cargo deliveries during the summer months.Novatek holds a 60 percent stake in the project, while its partners Total, Chinese CNPC and CNOOC and a Novatek aims to substantially reduce construction costs, An investment decision on a smaller project, Ob LNG, consisting of two 2.5-million-ton production lines is expected for the first half of 2020. Detailed Design Manager Arctic LNG 2 chez Novatek - Arctic LNG 2. With a production capacity of 19.8 mtpa, the project would be the largest single project to reach FID, according to Wood Mackenzie. The construction site is The outbreak, however, was brought under control and by the middle of June only a few new cases were registered. France’s Total also owns an 11.6% indirect participation in the project through its 19.4% stake in Novatek, thus an aggregated economic interest of 21.6% in the project. Novatek aims to substantially reduce construction costs, from $27 billion for Yamal LNG to $20-21 billion for this new project. No investment decisions have been made on these projects.In order to deliver natural gas from its Arctic fields to Europe and Asia the company relies on a growing fleet of specialized ice-class LNG tankers. CTRL + SPACE for auto-complete.Construction of Novatek’s Arctic LNG 2 project is ahead of scheduleThis website uses cookies to improve your experience. The Arctic LNG 2 project is one of several projects being undertaken by Novatek in the Russian Arctic region. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. These cookies will be stored in your browser only with your consent. Voir le profil Voir les badges de profil. 22 May 2019: TechnipFMC awarded Novatek's Arctic LNG 2 Arctic LNG 2 … June 12 (Reuters) - Russia’s largest producer of liquefied natural gas Novatek says: * Online meeting was held on Friday on the Russian Arctic LNG 2 project; It is mandatory to procure user consent prior to running these cookies on your website.This website uses cookies to improve your experience while you navigate through the website. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. We'll assume you're ok with this, but you can opt-out if you wish. As with Yamal LNG, the majority of LNG will be sold under long-term contracts to the company’s partners and investors in Asia, especially China.While Russian officials frequently highlight the extent to which Arctic LNG 2 relies on Russian companies and resources, the project has nonetheless attracted a wide range of international partners — despite the continuation of Western sanctions broadly targeting Russia’s oil and gas industry.French energy major Total acquired a 10 percent stake in the project in May 2018. With a capacity of 20 million tons of LNG per year, this new project will supplant the company’s existing Yamal LNG … This is an important and necessary work for the country,” Construction on the fourth Arktika-class icebreaker, Yakutia, began last month, with the fifth to follow next year. We'll assume you're ok with this, but you can opt-out if you wish. But opting out of some of these cookies may have an effect on your browsing experience.Write CSS OR LESS and hit save. Companies such as Germany’s Siemens and Italy’s Saipen An important part of Novatek’s Arctic gas “puzzle” is the next generation of Rosatom’s nuclear icebreakers. You also have the option to opt-out of these cookies. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies will be stored in your browser only with your consent. Related Articles. Since then offices, housing, and storage facilities have been constructed and major earth work in preparation of constructing the actual LNG plant has been conducted.Recent images also show the approach channel through the ice-covered waters Sevmorput used last week during its delivery.

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