NOVATEK: new major player on global LNG market NOVATEK in the world
globally among publicly traded globally among publicly traded companies by proved natural companies by natural gas №3 gas reserves №8 production volumes
bcm bcm
Gazprom 18 264 Gazprom 471 Petrochina 2 300 Shell 118 NOVATEK 2 098 ExxonMobi 113 Rosneft 1 714 Petrochina 97 ExxonMobil 1 562 BP 78 BP 1 276 Total 69 Shell 1 145 Rosneft 68 Total 920 NOVATEK 63 Chevron 870 Chevron 62 Lukoil 670 Eni 50
gas liquids gas liquids Reserves Production bcm mt bcm mt С1+С2 6 068 778 2017 63,4 11,8 PRMS 3 879 366 SEC(1P) 2098 165 as of 01/ 01/ 2018 2 Yamal LNG
RUSSIAN FEDERATION CURRENT PROJECT STATUS:
• Project cost – $27 bln Yamal LNG
Sabetta • Project financing from Russia, China, France, Japan, South-Tambeyskoye field Italy, Germany, Sweden, Austria in total amount
of $19 bln equivalent
SHAREHOLDING STRUCTURE • Design capacity of the plant’s three trains is 16.5 mtpa 50.1% • Over 9 months of operation the plant has shown 20.0% possibility to increase its design capacity by 4-5%
20.0%
9.9%
3 • Train 1 started up in December 2017 • Train 2 started up in August 2018 • Train 3 started up in December 2018 1 year ahead of schedule 4 Yamal LNG
The modular approach used in Yamal LNG construction allowed to reach commissioning in three years and considerably decrease the environmental impact
5 Sea port International Airport
6 Yamal LNG Train 4 «Arctic Cascade» proprietary liquefaction technology Yamal LNG Sabetta
LIQUEFACTION TRAIN UP TO 1 MTPA South-Tambeyskoye field
START-UP IN 4Q 2019 TRAIN 4 UTILIZES EXISTING INFRASTRUCTURE TO LOWER LNG PRODUCTION COSTS 7 The Arctic Cascade process
General Designer:
Cryogenic heat exchanger, nitrogen expanders Gas turbine unit
Compressor
Gas coolers Cryogenic pumps and expanders
90% OF THE EQUIPMENT IS SOURCED FROM THE RUSSIAN INDUSTRY 8 Gas liquefaction unit
Feed gas GTU noise and heat Ethane compressor Ethane compressor comporessor insulating case Main gearbox (integrally geared) valve units
Maintenance platfroms Ethane compressor DGS panels
Nitrogen compressor DGS panels
Nitrogen compressor
Gas treatment unit for DGS panels
Feed gas booster compressor DGS panel
Feed gas compressor Nitrogen compressor Oil supply block-box Air cooler oil valve unit valve unit
9 Project geography
Sabetta
Kazan Dimitrovgrad Nizhny Novgorod
Voronezh Gagarin Borisoglebsk Podolsk Balashikha
Kurgan Chelyabinsk Ekaterinburg
Arkhangelsk
Krasnodar
10 Arctic LNG 2 THE CONCEPT OF THE FUTURE PLANT • LNG trains based on gravity-based structures (GBS) • GBS fabricated and assembled at the Offshore Superfacility Construction Yard IMPLEMENTATION STAGE • Pre-FEED stage completed. • FEED stage completed. • On December 2018 first EPC contract concluded on 3 GBS bases • Detailed design and key equipment procurement stage started in 1Q 2019 SCOPE OF EQUIPMENT AND MATERIALS FOR 3 TRAINS • More than 2 000 items of process equipment (heat exchangers, columns, separators, compressors, pumps, etc.) • More than 10 000 units of valves • Approximately 40 000 tons of piping • Approximately 200 000 tons of steel structures • More than 200 000 tons for the concrete bed
Murmansk 19.8 Yamal LNG mtpa
3х3х6.6 mtpa Arctic LNG 2
11
GBS-based LNG trains
Targeted decrease of Arctic LNG 2 plant construction cost compared to Yamal LNG 30% Additional costs reduction potential through the scalable construction of GBS-based LNG trains
12 Offshore Topside module GBS construction & topside Superfacility fabrication complex module integration complex
Pipe spool Accommodation Belokamenka fabrication camp for up to Construction Center Gydan Peninsula workshops 15,000 people Reinforced concrete Concrete structures batch fabrication (OSCC) plant shops Barents Sea
The facility construction started Belokamenka
Dry docks in August 2017 2х (415x175 m) Murmansk TOTAL AREA 260 HA
Summer 2018 OSCC is the world’s first complex for industrial construction of GBS-based LNG trains ensuring possibility of their batch manufacturing
Earthworks and blasting activities
Dry dock construction Berth construction TOTAL AREA OF ALLOCATED LAND PLOTS IS 446 HA 13 Localization of production
Kola Yard Murmansk
Kliver TECHNOLOGIES TO BE LOCALIZED Petrozavodskmash Kaliningrad Vyborg Shipyard Vyborg (USC) Petrozavodskmash (Rosatom) • Equipment for feed gas treatment and
Izhorskiye Zavody Admiralty Shipyard dehydration Saint Petersburg (OMZ) Saint Petersburg (USC) «Zvezdochka» Ship Repair Centre REP Holding Severodvinsk (USC) Saint Petersburg • Electrical equipment
Russian Gas Turbines • Steel structures Rybinsk Dzerzhinskkhimmash Cryogenmash Dzerzhinsk Balashikha (OMZ) (PG Generatsiya) • Piping for modules Ordzhonikidze Plant Podolsk (Rosatom) • Refrigerant compressors for LNG plants Belenergomash-BZEM Belgorod Penzkhimmash Penza Tambovskiy Komsomolets Uralkhimmash • Cryogenic heat exchangers Tambov Ekaterinburg (OMZ) Lada-Flekt Borkhimmash Uralenergomontazh Tolyatti Atommash Borisoglebsk Salavatneftemash Berezovskiy (OMZ) Volgodonsk (Rosatom) Salavat Tyazhmash KONAR Setting-up of Russian design and engineering Syzran Chelyabinsk RKTs-Progress center and localization of LNG plant GK Electroshield LLC - TM Samara Kurgankhimmash KROHNE Engineering Kurgan Samara Chelyabinsk construction Metallurgical Plant Chelyabinsk
IT IS PLANNED TO ENGAGE 800 RUSSIAN COMPANIES 14 New delivery routes Rudolf Samoylovich
Christophe de Margerie Yamal LNG 17.4 mtpa
RUSSIAN FEDERATION
GREAT BRITAIN
BELGIUM Vladimir Rusanov
FRANCE
USA SPAIN S.KOREA
CHINA
INDIA Fyodor Litke Vladimir Vize
BRAZIL
Boris Vilkitskiy Eduard Toll Western route to Asia 36 days
Eastern route to Asia (via transshipment on Kamchatka) 19 days
15 LNG transshipment complex in Kamchatka and Murmansk
Murmansk transshipment facility FOB Arctic LNG 2 19.8 mtpa Yamal LNG 17.4 mtpa RUSSIAN FEDERATION
Kamchatka GREAT transshipment BRITAIN facility FOB BELGIUM
FRANCE
USA SPAIN S.KOREA JAPAN
CHINA
PAKISTAN BANGLADESH MYANMAR TAIWAN
INDIA VIETNAM
THAILAND THE PHILIPPINES SRI LANKA SINGAPORE
MALAYSIA
INDONESIA
BRAZIL
16 Project execution schedule
Start of works at OSCC Start-up of Start-up of Start-up of Start-up of 3 LNG trains Vysotsk Train I Vysotsk Train II Arctic LNG 2 Train I
11 18 19.5 26 33 39 57 mmt mmt mmt mmt mmt mmt mmt
2017 2018 2019 2021 2022-23 2023-24 2024-25 2025-30
Start-up of Start-up of Start-up of Yamal LNG Train II Yamal LNG Train III Arctic LNG 2 Train II
Start-up of Start-up of Start-up of the LNG transshipment Start-up of Yamal LNG Train I Yamal LNG Train IV complexes in Kamchatka and Murmansk Arctic LNG 2 Train III
17