Yamal’s fourth LNG train needs 24-25bn rbls investment

MOSCOW: Russia’s Novatek sees investments into the fourth liquefied natural gas (LNG) train at its Yamal LNG project at 24-25 billion roubles ($831 million), a Novatek official said on Tuesday.

Novatek launched the first train of Yamal LNG, Russia’s second LNG plant, last week. Three trains will have a capacity of 5.5 million tonnes each and one will have a capacity of 1 million tonnes.