Yamal LNG takes place at top of the queue

By VLADIMIR AFANASIEV Moscow

 13 December 2012 23:59 GMT

THE privately-led Yamal liquefied natural gas development in Russia has taken the lead over the Shtokman, Vladivostok and Pechora LNG projects in the country after the Russian government pledged massive infrastructure support and provided much-needed tax breaks to improve the Yamal project’s economics.

Operator Yamal LNG — a joint venture comprising Russia’s largest independent gas producer Novatek and French giant Total — is aiming to develop the South Tambeyskoye field.

The field contains estimated recoverable reserves of 1.3 trillion cubic metres of gas and lies on the remote Yamal peninsula in West Siberia.

Total, which purchased a 20% shareholding in Yamal LNG in 2011, has brought Western management expertise to the project and experience of the technical issues and tendering procedures.



Nuclear icebreaking Meanwhile, Novatek has been working closely with the authorities, ministries and state-owned…

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