Obsky LNG Terminal

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Obsky LNG Terminal, also referred to as Ob LNG (Russian: СПГ-терминал Обский), is a liquefied natural gas (LNG) export terminal proposed in Russia.

Location

The terminal is proposed to be located in Sabetta, adjacent to Yamal LNG Terminal, in the Yamal-Nenets region of Russia.

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Project details

• Operator: Novatek
• Owner: Novatek
• Parent company: Novatek
• Location: Yamal-Nenets region of Russia
• Coordinates: 71.2733, 72.0725 (approximate; based on Yamal LNG Terminal's location)
• Capacity: 6 mtpa
• Trains: 2 (3 mtpa each)
• Status: Proposed
• Type: Export
• Start year: 2026
• Cost: US$6.5–7 billion

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

In January 2021, Novatek expected to make a final investment decision (FID) on the Obsky LNG terminal sometime in 2021, having postponed it from 2020. The Upper Tiuteyskoye and West Seyakhinskoye fields will provide gas to the planned LNG plant. In May 2021, Novatek announced that they were further delaying the FID until 2022 and the start-up date until 2025 or later after Novatek was reported to have had difficulties implementing its patented gas liquefaction process, Arctic Cascade, using Russian-made compressors. In June 2021, Novatek decided to reconfigure its Obsky LNG project to produce ammonia, hydrogen and methanol.

In February 2022, the start date was pushed to 2026, alongside Novatek's announcement that it aims to fast-track the terminal's construction with the same technology used in Arctic LNG 2 Terminal. The project was first proposed in 2019, later dropped in favor of ammonia production facility, and finally brought back on the agenda in 2022. Novatek expects to reach FID by the end of 2023. In September 2023, the head of Novatek, L. Mikhelson stated that the FID was expected to be reached in Q1 2024. Originally, the project was expected to include 3 trains 1.6 mtpa each and have a combined capacity of 4.8 mtpa. In September 2023, Mikhelson stated that the terminal would include two trains 3 mtpa each, with a combined capacity of 6 mtpa. In September 2023, it was reported that Novatek has begun negotiations to attract partners for this project.

In September 2024, it was reported that Novatek had suspended work on its Murmansk and Ob LNG export projects due to sanctions.

The project was included into the "Energy Strategy of the Russian Federation until 2050", released by the Ministry of Energy of Russia in April 2025. According to the document, the Obsky LNG Terminal with the total capacity of 4.8 mtpa is scheduled for commissioning by 2030.