Russian LNG production rises

Rosstat’s data show that the country’s LNG terminals produced about 28.4 million mt during January-October.

This is up by 6.8 percent compared to 26.6 million mt during the same period last year.

Last month, LNG production reached about 3.1 million mt, according to Rosstat.

This marks a rise of 3.4 percent compared to the same month in 2023 and an increase compared to 2.9 million mt in the prior month.

Russian Deputy Prime Minister Alexander said in September that the country expects to produce 35 million mt of LNG in 2024, according to a statement by Russia’s Ministry of Transport.

Rosstat’s data shows that LNG production in 2023 amounted to 32.9 million mt.

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.

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

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 operates the sanctioned Arctic LNG-2 export plant.

In August, Novatek 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 and LNG carriers.

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.

The first and second GBS each have a capacity of about 6.6 mtpa.