Project Details
CountryRussia
LocationGydan Peninsula
Terminal TypeLiquefaction (Export)
Rig TypeOnshore
Capacity19.8 mtpa / 26.9 bcm
Trains3
Start Date01-Jan-2024
Cost (US$bn)21.3
Origin-
DestinationChina (Mainland), Japan
OwnersTotalEnergies SE {France}, China National Petroleum Corporation (CNPC) {China (Mainland)}, Japan Oil Gas and Metals National Corporation {Japan}, Mitsui {Japan}, China National Offshore Oil Corporation (CNOOC) {China (Mainland)}, Novatek [Operator] {Russia}
BuyersENN Energy Trading Company Ltd. {China (Mainland)}, Glencore {Switzerland}, Repsol {Spain}, Vitol {Switzerland}
Status Notes
February 2026 - The project has a capacity of 19.8mntpa; August 2025 - China has received its first cargo from the project; August 2024 - Third gas carrier is being sent to the project; January 2024 - First train of Arctic LNG 2 project has started operating and first shipments are expected in the first quarter of 2024; January 2022 - Novatek and ENN LNG have signed a long-term sale and purchase agreement (SPA) for 0.6mntpa of LNG from the project; As per April 2021, Novatek has announced plans to put up its 60% stake in the project as collateral, as it seeks external long-term financing for its development; Construction started in December 2019; Mitsui and JOGMEC hold 10% stake in project through Japan Arctic LNG B.V.
Last reviewed: 06 Feb 2026