The Russian natural gas company Novatek has announced that its Murmansk LNG liquefaction project, located in northern Russia, would see its capacity reduced to two trains totalling 13.6 Mt/year of LNG. Originally, the project was set to feature three trains with a capacity of 6.8 Mt/year each.
Construction of the Murmansk LNG project in Russia's Arctic is scheduled between 2027 and 2030. The inital loading volume is projected to be 3.4 Mt/year in 2028, rising to 6.8 Mt/year in 2029. From 2030 onwards, the project anticipates a sustained loading rate of 13.6 Mt/year. Novatek is Russia’s largest LNG producer.
Russia currently has 8 liquefaction trains for LNG exports: 2 in Sakhalin 2 (total capacity 10.8 Mt/year), 4 in Yamal LNG (total capacity of 17.4 Mt/year), and a smaller one in Cryogaz-Vysotsk (0.66 Mt/year). In July 2023, the first line for of Arctic LNG 2 project (6.6 Mt/year) was inaugurated. LNG exports have tripled since 2010 and reached 39.5 bcm in 2023.
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