Project Details
CountryRussia
LocationYamal Peninsula
Terminal TypeLiquefaction (Export)
Rig TypeOnshore
Capacity5.2 mtpa / 7 bcm
Trains2
Start Date01-Jan-2025
Cost (US$bn)2.07
Origin-
Destination-
OwnersNovatek {Russia}
Buyers-
Status Notes
April 2025 - The project has not yet secured final investment decision; January 2023 - Novatek is still planning to make a final investment decision on the project in 2023; As per December 2021, Novatek and RWE Supply & Trading have signed a memorandum of understanding to cooperate on LNG supply and decarbonisation; In June 2021, Novatek has decided to reconfigure its Obsky LNG project to produce ammonia, hydrogen and methanol; Project is expected to start in 2025
Last reviewed: 06 Feb 2026