Murmansk LNG

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Murmansk LNG is a liquefied natural gas plant being built by the Russian gas producer Novatek. It was approved on 10 October 2023 by Russian president Vladimir Putin [1] and is scheduled to begin operation in 2027. [2]

History

In December 2023 Murmansk LNG was included in Russia's national energy strategy. [3] [4]

In April 2024 Novatek reported its production targets until 2033. [5]

In May 2024 it was revealed that Putin's granddaughter's father, Yevgeny Nagorny, was hired by Novatek's owner, Leonid Mikhelson, as director-general of Murmansk-Transgaz, which will transport the gas. [4]

On 13 June 2024 the US threatened to sanction firms that dealt with Murmansk LNG, as part of its OFAC sanctions. [6]

In July 2024 it was reported that Chinese shipbuilders had stopped work on Murmansk LNG-related contracts because of pressure under the US sanctions régime. [7]

In July 2024 it was revealed that when the plant begins operation in 2027, it will have a capacity of 6.8MTPA, out of a planned 20.8MTPA. [8]

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References

  1. HUMPERT, MALTE (10 October 2023). "Putin Green-lights Novatek's Massive Murmansk LNG Project". High North News.
  2. "Murmansk LNG Liquefaction Terminal, Russia". August 25, 2023.
  3. "Кабмин включил проект "Мурманский СПГ" в Энергостратегию до 2035 года". TACC.
  4. 1 2 Titov, Sergei. "Russian Gas Tycoon Hires Putin's Daughter's Beau For Murmansk LNG Project". Radio Free Europe/Radio Liberty.
  5. "Novatek presents operation schedule for Murmansk LNG terminal through 2033". interfax.com.
  6. Humpert, Text Malte. "U.S. Targets Future Russian Energy Projects in Arctic in New Round of Sanctions". www.highnorthnews.com.
  7. "G Captain: Exit of Chinese Yard Stops Work at Russia's Arctic LNG 2, Murmansk LNG Delayed Indefinitely". www.poten.com. July 11, 2024.
  8. "Novatek's Murmansk LNG Project to Initially Have Two Lines Per Year". MarineLink. July 29, 2024.