{"id":2496,"date":"2019-02-28T18:06:28","date_gmt":"2019-02-28T18:06:28","guid":{"rendered":"http:\/\/euromenaenergy.com\/?p=2496"},"modified":"2019-02-28T18:06:28","modified_gmt":"2019-02-28T18:06:28","slug":"novatek-to-bump-2030-lng-production-target-to-70-mtpa","status":"publish","type":"post","link":"https:\/\/emimer.com\/?p=2496","title":{"rendered":"Novatek to bump 2030 LNG production target to 70 mtpa"},"content":{"rendered":"

Russia\u2019s largest independent natural gas producer and LNG operator, Novatek is looking to revise its liquefied natural gas production plans, reaching 70 million tons per year by 2030.\u00a0<\/strong><\/p>\n

In a meeting with the Russian president Putin, Leonid Mikhelson, Novatek\u2019s head said the current plans see for production volumes of 57 million tons, but these plans could be revised upwards in a year or two.<\/p>\n

Mikhelson informed the construction on the Yamal LNG project\u2019s fourth liquefaction train has started, a brief released by the press office of the Russian\u00a0president.<\/p>\n

The fourth LNG train will have the capacity to produce 900 thousand tons per annum, utilizing the hydrocarbon resources of the South-Tambeyskoye field in the Russian Arctic, bringing the project\u2019s total capacity to 17.5 mtpa.<\/p>\n

The first LNG Train began production in the fourth quarter\u00a0of 2017 and Trains 2 and 3 in July 2018 and November 2018, respectively.<\/p>\n

Besides Novatek, Yamal LNG\u2019s shareholders include France\u2019s Total, China\u2019s CNPC and Silk Road Fund.<\/p>\n

Novatek is also developing the Arctic LNG 2 project\u00a0envisaging constructing three LNG trains at 6.6 million tons per annum each, using gravity-based structure (GBS) platforms. It is based on the hydrocarbon resources of the Utrenneye field.<\/p>\n

Novatek has already\u00a0tagged a joint venture\u00a0between the Italian contractor Saipem and Turkish\u00a0oil and gas services company Renaissance for the\u00a0onshore engineering and construction of the GBS platforms.<\/p>\n

The company has also\u00a0signed a\u00a0contract\u00a0on compressor equipment for the three liquefaction trains with Siemens.<\/p>\n","protected":false},"excerpt":{"rendered":"

Russia\u2019s largest independent natural gas producer and LNG operator, Novatek is looking to revise its liquefied natural gas production plans, reaching 70 million tons per year by 2030.\u00a0 In a meeting with…<\/p>\n","protected":false},"author":1,"featured_media":2508,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[46,48,57,90,96,107,113,137,139,160,174,183,184,201,202,209,230,232,233,244,246,249,256,267,277,279,288],"class_list":["post-2496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-aramco","tag-athens","tag-baroudi","tag-democracy","tag-doha","tag-embargo","tag-energy-peace","tag-gas","tag-gazprom","tag-international-maritime-disputes","tag-lebanon","tag-maritime-boundaries-east-mediterranean","tag-maritime-disputes","tag-offshore","tag-oil","tag-opec","tag-poverty-alleviation","tag-putin","tag-qatar","tag-rosneft","tag-roudi","tag-russia","tag-saudi","tag-straddling-hydrocarbons-reserves","tag-total","tag-trump","tag-usa"],"_links":{"self":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts\/2496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2496"}],"version-history":[{"count":0,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts\/2496\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/media\/2508"}],"wp:attachment":[{"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}