August 29

Russian LNG production climbs in January-July

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The country’s LNG terminals produced 19.6 million mt during January-July, up by 4.6 percent compared to the same period last year, Rosstat’s data shows.

This compares to 18.7 million mt of LNG in January-July last year.

Last month, LNG production reached about 2.3 million mt, according to Rosstat.

This marks a rise of 1 percent compared to the same month in 2023 and a 9.1 percent decline compared to the month before.

In July, Russia’s gas production reached 42 bcm, up by 20.3 percent compared to the same month in 2023.

During January-July, gas production increased 10.6 percent to 334 bcm, the data shows.

Russia currently produces LNG via Novatek and Gazprom-operated LNG terminals.

Gazprom operates the Sakhalin-2 LNG terminal with a capacity of 10.8 mtpa and the mid-scale Portovaya LNG complex in the Leningrad region with a capacity of about 1.5 mtpa.

Russia’s Sakhalin Energy LLC, the operator of the Prigorodnoye LNG export plant controlled by Gazprom, said in a statement on August 5 it has resumed operations at the facility after completing maintenance activities.

The LNG terminal operator carriers annual maintenance activities during summer.

Besides these facilities, Novatek operates the 17.4 mtpa Yamal LNG plant in Sabetta.

Last month, Novatek delivered this year’s first Yamal LNG cargo via the eastern part of the Northern Sea Route to China.

Novatek also operates the mid-scale LNG plant in Russia’s Baltic Sea port of Vysotsk with a capacity of more than 660 thousand tons of LNG per year.

In addition, Novatek is working on the sanctioned Arctic LNG-2 export plant.

Novatek recently delivered the second gravity-based structure platform from its yard near Murmansk to the site of the Arctic LNG 2 project located on the Gydan peninsula.

The company completed the second GBS despite sanctions by the US and the EU related to the Arctic LNG 2 project.

The first GBS left the Belokamenka yard in July last year and Novatek completed the installation on the underbase foundation on the seabed at the Utrenniy terminal in August.

Moreover, the first and second GBS each have a capacity of about 6.6 mtpa, while Novatek also plans to build the third GBS.

The US government recently imposed sanctions on seven LNG carriers tied to the Novatek-operated Arctic LNG 2 and Yamal LNG projects in Russia.

According to the US Treasury and the Department of State, the LNG carriers include the Palau-flagged Asya Energy, Everest Energy, and Pioneer, and the Panama-flagged North Air, North Mountain, North Sky, and North Way.

The Department of State said in a statement on August 23 that these new sanctions are targeting shipping companies that loaded and transported LNG from the Arctic LNG 2 project and Russia’s procurement of LNG tankers.

Source: Lngprime.com

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The post Russian LNG production climbs in January-July appeared first on Energy News Beat.

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