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News // Transportation and storage

Yamal LNG shipped 1st LNG cargo to Spain

22 June 2018 , 12:06Neftegaz.RU635

Moscow, June 22 - Neftegaz.RU. NOVATEK announced on June 21 that Yamal LNG shipped the 1st cargo of liquefied natural gas (LNG) to Spanish company Gas Natural Fenosa in accordance with the long-term offtake agreement.

 

The 170 thousand cubic meter Arc7 ice-class LNG carrier Fedor Litke unloaded the 1st cargo in the port of Mugardos in accordance with the lifting and delivery schedule.  

 

Annual sales volumes according to the 24-year long-term offtake contract are 2.5 million tons of LNG, which equals to more than 3 billion cubic meters of natural gas.

 

NOVATEK’s Chairman of Management Board Leonid Mikhelson noted: «The 1st LNG tanker shipped today to Gas Natural Fenosa marks a new milestone in Russian natural gas deliveries as it is the 1st Russian gas delivered under long-term agreements to Spain where Russian pipeline gas is not supplied. We look forward to fulfilling our long-term LNG contract by supplying clean-burning natural gas to Gas Natural Fenosa – the largest supplier of natural gas in the Spanish market».

 

To read the news in Russian.

 

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