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Yamal LNG shipped 1st LNG cargo to Spain

Yamal LNG shipped the first cargo of  LNG to Spanish company Gas Natural Fenosa.

Yamal LNG shipped 1st LNG cargo to Spain

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.

Source : Neftegaz.RU

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