Russia’s Novatek advances Arctic LNG 2

摘要

Russian independent gas producer Novatek hopes to complete the feasibility study for its planned Arctic LNG 2 project on the Gydan peninsula by the end of next year, chairman Leonid Mikhelson says. The company will finalise the technical concept for the development this year, including deciding the capacity of the liquefaction line. Novatek previously considered a capacity of 5.5mn t/yr, but is now leaning towards an initial capacity of 6mn t/yr, Mikhelson says.