Arctic LNG 3 Terminal

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Arctic LNG 3 (Russian: Арктик СПГ-3) is a liquefied natural gas (LNG) export terminal proposed in Russia.[1]

Location

The terminal is proposed to be located in the northernmost part of Ob Bay, Russia.[2]

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Project details

  • Operator: OOO Arctic LNG 3[2]
  • Owner:
  • Location: northernmost part of Ob Bay, Russia.[2]
  • Coordinates: 72.56577, 73.847129 (approximate)[2]
  • Capacity: 19.8 mtpa[1]
  • Status: Proposed[1]
  • Type: Export[1]
  • Start year: 2030[2]
  • Financing:
  • FID status: Pre-FID
  • Associated infrastructure:

Background

In March 2021, the Russian government published federal LNG program. That document listed Arctic LNG 3 as a possible project.[5]

According to a March 25, 2021 news article, the project is based on the resources of the North Obskoye Oil and Gas Field (Russia). The LNG terminal's projected production is 19.8 million ton per year.[1]

According to an Arctic LNG industry specialist, FID is not expected until "the very late 2020s", construction is not expected to begin before 2030 and first LNG would not be produced before the early 2030s.[2]

The project was not included into the "Energy Strategy of the Russian Federation until 2050", released by the Ministry of Energy of Russia in April 2025.[6] As of May 2025, no development on Arctic LNG 3 has been reported for over three years, and it is inferred to be shelved.

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 1.4 Staalesen, Atle (March 25, 2021). "In push for global lead in LNG, Moscow takes aim on Arctic tundra". Barents Observer. Retrieved July 1, 2022.{{cite web}}: CS1 maint: url-status (link)
  2. 2.0 2.1 2.2 2.3 2.4 2.5 Seligman, Ben (July 12, 2021). "What do we know about Novatek's potential Arctic LNG 3 Project?". www.linkedin.com. Retrieved 2022-07-01.{{cite web}}: CS1 maint: url-status (link)
  3. "Arctic LNG 3 starts drilling in Ob Bay". Offshore Mag. August 1, 2018. Retrieved July 1, 2022.{{cite web}}: CS1 maint: url-status (link)
  4. "NOVATEK discovers North-Obskoye field". LNG Industry. 2018-10-10. Retrieved 2022-07-01.
  5. "ДОЛГОСРОЧНАЯ ПРОГРАММА РАЗВИТИЯ производства сжиженного природного газа в Российской Федерации" (PDF). The Russian government. Mar 16, 2021. Retrieved July 1, 2022.{{cite web}}: CS1 maint: url-status (link)
  6. "Энергетическая стратегия Российской Федерации на период до 2050 года" (PDF). Ministry of Energy of Russia. April 12, 2025. Retrieved May 28, 2025.{{cite web}}: CS1 maint: url-status (link)

Related GEM.wiki articles

External resources

External articles