Total announced the final investment decision to develop the onshore Yamal LNG pro-ject in Russia. Total holds a 20% direct interest in the project which will develop reserves greater than 5 billion boe. The Yamal LNG project consists of an LNG plant with a capacity of 16.5 million t/a and represents a total capital expenditure of 27 billion dollars, as estimated by the operator Novatek, which holds 60%.
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