Novatek subsidiary Arctic LNG 1 has its eyes trained on a large exploration drilling programme at its six licence blocks on the Gydan Peninsula in West Siberia, Russia over the next four years.

Arctic LNG 1, which is the third major liquefied natural gas project promoted by Russian independent Novatek, needs to confirm additional gas reserves to enable the development to move ahead as envisaged in the company’s long-term LNG capacity development strategy.

Novatek said earlier that Arctic LNG 1 is expected to have annual production capacity of about 20 million tonnes of LNG, with the first train to be commissioned during the year of 2027.