|Open joint-stock company|
|Revenue||$236 million (2017)|
|-$1.32 billion (2017)|
|-$1.17 billion (2017)|
|Total assets||$27.6 billion (2017)|
|Total equity||-$1.61 billion (2017)|
Yamal LNG (Russian: ОАО "Ямал СПГ") is a joint venture based around a liquefied natural gas plant located in Sabetta at the north-east of the Yamal Peninsula, Russia. In addition to the LNG plant, the project includes production at the Yuzhno-Tambeyskoye gas field, and the transport infrastructure, including the Sabetta seaport and airport.
Yamal LNG project was proposed when the company with the same name and controlled by Gennady Timchenko and Pyotr Kolbin got a license for the Yuzhno-Tambeyskoye gas field in 2005. Novatek took control of Yamal LNG in 2009. Another project named Yamal LNG was proposed by Gazprom. In November 2008, Gazprom announced that it prepares a list of potential partners for the LNG plant of the Yamal project. Although the list was not disclosed, Gazprom indicated that ExxonMobil and ConocoPhillips were included on the list. Also Royal Dutch Shell, Repsol YPF and Petro-Canada were mentioned as potential partners. In October 2010, the Novatek's project was chosen by the Russian government as a pilot project. The groundbreaking ceremony for the port construction was held in July 2012; however, construction of the port itself began in 2013.
The commercial operation of the port and first LNG train were launched on 8 December 2017 by starting loading the first LNG carrier named after the late CEO of Total Christophe de Margerie. The loading was ceremonially launched by president Vladimir Putin in the presence of Saudi Arabia's energy minister Khalid al-Falih.
The project cost US$27 billion.
The Yamal LNG plant will have three trains with total capacity of 16.5 million tonnes of liquefied natural gas per year when fully operational. The first train is operational at the end of 2017 and the full 3 train capacity is to be achieved by 2021. A second LNG Plant, named Artic LNG 2, is also proposed at a site to east near the Gydan Peninsula, across the river Ob estuary from Sabetta
The plant was designed and commissioned by consortium of Technip and JGC Corporation, and Chiyoda. In addition to the LNG plant, the project includes the construction of a seaport, airport and power plant. The power plant will be built by Technopromexport and its turbines will be supplied by Siemens. The power plant will have capacity of 380 MW(during ISO conditions) across its 8 turbines and it is to be operational by 2018. Construction of the port facilities started in September 2013.
The LNG plant is supplied from the Yuzhno-Tambeyskoye gas field. The main export market for LNG would be China. LNG would be shipped to Asian markets through the Northeast Passage. Daewoo Shipbuilding & Marine Engineering is contracted to build up to sixteen Arc7 double acting ice-class gas tankers for the project. Tankers will be chartered and operated by Sovcomflot.
The project is developed by JSC Yamal LNG. Novatek owns 50.1% stake in the company while Total S.A. and CNPC own 20% each with China's Silk Road Fund has signed agreement to purchase 9.9% stake. General director of the company was Gleb Luxemburg  and from September 2014 Evgeny Kot has been appointed the CEO of Yamal LNG.
Icebreaker LNG carriers
Yamal LNG has commissioned 15 LNG icebreaker/tanker ships to export its gas. Each icebreaker/tanker is designed to operate year-round from the Yamal peninsula and to break ice up to 2.5 meters thick. The ships are leased by Yamal LNG from four companies: Sovcomflot, one ship; MOL, three ships; Dynagas, five ships; and Teekay, six ships. The tankers were designed in Finland by Aker Arctic Technology Inc. and built at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in South Korea.
In service as of March 2018:
- Christophe de Margerie, Sovcomflot
- Boris Vilkitsky, Dynagas
- Fedor Litke, Dynagas
- Eduard Toll, Teekay
- Vladimir Rusanov, MOL
- Vladimir Vize, COSCO Shipping and MOL
- Rudolf Samoylovich, Teekay
- Nikolay Yevgenov, Teekay
- Lunden, Lars Petter; Fjaertoft, Daniel (July 2014). "Government Support to Upstream Oil & Gas in Russia. How Subsidies Influence the Yamal LNG and Prirazlomnoe Projects" (PDF). International Institute for Sustainable Development. p. 13. Retrieved 10 June 2018.
- "Gazprom makes Yamal LNG partner list". Upstream Online. NHST Media Group. 18 November 2008. Retrieved 1 January 2009.
- "Port of Sabetta, Yamal Peninsula". Ship Technology. Retrieved 12 January 2015.
- Pettersen, Trude (17 April 2013). "Construction of Sabetta port to start this summer". Barents Observer. Archived from the original on 23 April 2013. Retrieved 12 January 2015.
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Foy, Henry (2017-12-08). "Russia ships first gas from $27bn Arctic project". Financial Times. Retrieved 201-06-10. Check date values in:
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- Griffin, Rosemary (22 May 2013). "Russia's Yamal LNG to fully market LNG from project, take FID regardless of export rights". Platts. Retrieved 25 July 2013.
- Staalesen, Atle (11 February 2015). "Partners raise bets in Yamal LNG". Barents Observer. Retrieved 6 April 2015.
- "Artic LNG 2". Sourcewatch.
- "Daewoo to Build Ice-Class Tankers for Yamal LNG". Downstream Today. Interfax. 5 July 2013. Retrieved 25 July 2013.
- "Siemens to Supply Turbines for Yamal LNG Power Plant". The Moscow Times. 19 July 2013. Retrieved 25 July 2013.
- Kalinin, Andrey. "Seaport Sabetta" (PDF). Aker Arctic. Retrieved 25 July 2013.
- Arkhipov, Ilya; Rudnitsky, Jake (21 July 2013). "CNPC to Join Novatek's Yamal LNG Project With 20% Stake". Bloomberg. Retrieved 25 July 2013.
- Kramer, Andrew E. (24 July 2013). "Polar Thaw Opens Shortcut for Russian Natural Gas". The New York Times. Retrieved 25 July 2013.
- "Russia: Sovcomflot, NOVATEK and VEB to Cooperate in Yamal LNG Project". World Maritime News. 21 June 2013. Retrieved 25 July 2013.
- "More details announced for the Arctic Northern Sea Route expansion" (16 December 2014). Siberian Times. Retrieved 12 January 2015.
- Kobzeva, Oksana; Golubkova, Katya (8 September 2015). "Russia's Sberbank says to decide on Yamal LNG financing terms by month-end". Reuters. Retrieved 27 October 2015.
- Mackenzie, Rhod (24 September 2014). "E. Kot is appointed a CEO of Yamal LNG". Rusmininfo. Retrieved 15 January 2016.
- "Teekay Cuts Steel for Second Yamal LNG Icebreaker - World Maritime News". worldmaritimenews.com.
- Eric Roston (9 July 2018). "Russia Is Building $320 Million Icebreakers to Carve New Arctic Routes: The 1,000-foot-long vessels for hauling liquefied natural gas can cut through ice up to 7 feet thick". Bloomberg. Retrieved 11 July 2018.
- "Aker Arctic Technology Inc Newsletter" (PDF). akerarctic.fi. Aker Arctic. March 2018. p. 10. Retrieved 11 July 2018.
- "An LNG Ice-Breaker: A First in the Shipment of Liquefied Natural Gas". Exploration & Production. 10 August 2016.
- "Icebreaking LNG Carrier Completes Unescorted Journey in Just 6 Days, 12 Hours". TURKISH MARITIME. 26 August 2017.
- Official website
- Template:Kalla Facta Documentary Sweden TV4 - in Swedish
- Media related to Yamal LNG at Wikimedia Commons