Yamal LNG Project, Russia
The Yamal LNG (liquefied natural gas) project consists of the development of natural gas extraction fields, including a liquefied natural gas plant, storage and marine loading facility.
The project is located on the Yamal Peninsula in northern Russia. Once completed, Yamal LNG will be one of the largest facilities of its kind ever built in the Arctic, incorporating the seaport of Sabetta, a new airport, and a power plant. The liquefied natural gas is intended for European and Asian markets and will be transported by ships which are designed and built specifically for this project.
The main environmental and social issues of the Yamal LNG project include:
- Impacts on natural environment and biodiversity
- Air emissions, including GHG emissions.
- Waste and wastewater management
- Indigenous people (Nenet people, traditional nomadic reindeer herders)
- Labor and working conditions
The Yamal LNG project will be classified as a category A-project. Additional information on the social and environmental impacts is available in the following web link:
The information was published on EKN's website www.ekn.se on March 20th, 2017. Comments on the project can be made within at least 30 days. This procedure is in accordance with the OECD Recommendation on Common Approaches for Export Credit Agencies (ECAs).
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