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MI - Novatek reaches FID on world’s largest LNG project - September 2019
Novatek is going ahead with Arctic LNG-2, the $21.3 billion project to build a 19.8 mtpa liquefaction facility in western Siberia. The first of three trains is scheduled for startup in 2023. The final investment decision was announced Sept. 5 at an economic forum in Vladivostok, Russia. By production capacity, Arctic LNG 2 is the largest liquefaction project to ever reach FID. The Russian company’s first Arctic LNG project, Yamal LNG, reached its full......
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