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French Total, Russian Novatek plan new joint project
--France’s Total participating in the Yamal LNG project run by the Russian natural gas producer Novatek plans to sign an agreement on participation in a new project" Novatek co-owner Gennady Timchenko told on May 24,2018.
Novatek will sign one more important agreement. Total is ready to enter the new stage of cooperation.
This will be a large-scale major project adding 0.15% GDP annually.
Project type: LNG
Operator: Yamal LNG
Partners: Novatek(50.1%), Total(20%), CNPC(20%) and Silk Road Fund(9.9%)
Start date:2017
16.5 Million metric tons: Yamal’sannual LNG production capacity
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