Yamal Lng

What Yamal Lng does

Yamal LNG is an integrated Russian natural gas production, liquefaction, and shipping project that operates one of the largest LNG plants in the Arctic. The company, an Open Joint-Stock Company (OAO) under Russian law, was established in 2005 with its plant commencing operations in December 2017; it is majority-owned by NOVATEK, with French major TotalEnergies holding a 20% stake and long-term offtake contracts extending to 2041. The company's production is based on the South-Tambeyskoye field in the Yamal-Nenets Autonomous District, with its 17.4 mtpa liquefaction facility located at Sabetta, supported by an integrated seaport and airport. Headquartered in Moscow, Yamal LNG operates with a workforce in the 1,001-5,000 range and serves European and Asian energy buyers, accounting for approximately 5% of global LNG production as of 2023.

The facility comprises four LNG trains: three conventional trains of 5.5 mtpa each and a fourth 0.9 mtpa train powered by NOVATEK's proprietary Arctic Cascade liquefaction technology, which enables LNG production in extreme Arctic conditions. Since start-up the plant has operated at roughly 20% above nameplate capacity, reaching 100 million tonnes of cumulative production by September 2023. Output is exported via a controlled fleet of Arc7 ice-class tankers (11 of 14 vessels chartered through Seapeak and Dynagas) that can navigate the Northern Sea Route year-round, with cargoes delivered to European terminals such as France's Montoir-de-Bretagne and Dunkirk, and Belgium's Zeebrugge.

Yamal LNG's revenue model combines long-term contracted offtake (anchored by TotalEnergies through 2041) with spot market sales to European and Asian buyers. In 2025 European buyers imported 15.1 million tonnes from Yamal LNG, valued at approximately €7.2 billion, with France alone receiving 6.3 million tonnes across 87 cargoes. The business is currently navigating significant geopolitical pressure: the EU has banned new short-term Russian LNG contracts since late April 2026 and will implement a full import ban by January 2027, prompting the company to redirect cargoes to China and other Asian markets at discounts of up to 40% below spot prices. To protect its market position, Yamal LNG has publicly defended its compliance posture, including a 2024 statement clarifying that its chartered carriers are not used for the sanctioned Arctic LNG 2 project.

Name

Yamal Lng

Legal name

JSC Yamal LNG (ОАО «Ямал СПГ»)

Website

https://yamallng.ru

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Yamal LNG is a Russian integrated LNG producer operating a 17.4 mtpa Arctic liquefaction plant at Sabetta, exporting primarily to European and Asian energy buyers under long-term contracts (notably TotalEnergies, 20% stake, 2041) and spot sales.

Ownership category

akta.pro rank

Product category

LNG Production and Natural Gas Liquefaction

NAICS

Pipeline Transportation of Natural Gas (486210)

SIC

Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

LNG Liquefaction Plants (Onshore & FLNG) (EUALAFAA)

akta.pro secondary industries

LNG Liquefaction (Export Terminals) (EUAAACAE), LNG Equipment & Technology (Cryogenic, Turbines, Heat Exchangers, Boil-off Systems) (EUALAFAH)

Keywords

• Liquefied natural gas
• Natural gas production
• Arctic LNG export
• Gas liquefaction technology
• Energy commodity supply

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D

Revenue model

1. LNG Production and Sales: Yamal LNG generates revenue through production and sale of liquefied natural gas. The company operates 4 LNG trains with combined capacity of 17.4 mtpa. Revenue comes from long-term contracts (TotalEnergies with 20% stake and contracts until 2041) and spot sales to European and Asian buyers.
2. European LNG Exports: European buyers imported 15.1 million tonnes of Russian LNG from Yamal project in 2025, representing 76.1% of total exports and generating approximately €7.2 billion in revenue. France was the largest European importer receiving 6.3 million tonnes via 87 tanker deliveries, with Belgium's Zeebrugge terminal receiving another 4.2 million tons.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Yamal LNG operates an integrated natural gas production, liquefaction, and shipping project based on the South-Tambeyskoye field in the Yamal-Nenets Autonomous District, Russian Arctic. The facility comprises four LNG trains with a combined capacity of 17.4 mtpa (three 5.5 mtpa trains and one 0.9 mtpa train using Arctic Cascade technology), supported by Sabetta seaport and airport, and supplies LNG to European and Asian energy buyers under long-term contracts and spot sales.

Product overview

Yamal LNG is an integrated project for natural gas production, liquefaction, and shipping based on the South-Tambeyskoye field in the Yamal-Nenets Autonomous District. The project comprises a 17.4 mtpa LNG liquefaction plant with four production trains (three 5.5 mtpa trains plus one 0.9 mtpa train using Arctic Cascade technology), supported by Sabetta seaport and airport infrastructure. The facility operates at approximately 20% above nameplate capacity and accounts for 5% of global LNG production.

Differentiator

Problem solved

Functional benefit

Products and services

• Yamal LNG Liquefaction Plant Integrated natural gas production, liquefaction, and shipping facility utilizing the South-Tambeyskoye field resources in the Russian Arctic with combined capacity of 17.4 mtpa across four trains, supplying LNG to European and Asian energy buyers.
• LNG Trains 1-3 Three LNG production trains at the Yamal LNG plant, each with capacity of 5.5 million tonnes per annum, supplying LNG for export to European and Asian markets.
• LNG Train 4 (Arctic Cascade) Fourth LNG train with 900 thousand tonnes per annum capacity at the Yamal LNG plant, implemented using NOVATEK's proprietary domestic Arctic Cascade liquefaction technology.

Quantifiable outcome

• Plant operating at 20% above nameplate capacity since start-up in December 2017
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators8 records

Recent moves6 records

Expansion highlights2 records

Direct peers

• Cheniere Energy: Largest US LNG exporter, operating multi-train liquefaction facilities (Sabine Pass, Corpus Christi) for global offtake. Directly comparable as a major LNG producer with long-term offtake contracts to European and Asian buyers.
• Venture Global LNG: US-based emerging LNG exporter with Calcasieu Pass, Plaquemines, and CP2 projects. Directly comparable as a large-scale multi-train LNG liquefaction operator targeting global export markets.
• Sempra Infrastructure: Developer and operator of Cameron LNG and Energía Costa Azul LNG export terminals. Comparable as an integrated LNG infrastructure operator with long-term offtake contracts to Asian and European buyers.

Broad incumbents

• Equinor: Norwegian integrated energy company with major LNG interests (Hammerfest LNG, equity in global LNG projects). Comparable as a major LNG producer and exporter to European markets.
• Shell plc: Global integrated energy major with significant LNG portfolio (QGC, Prelude, Sakhalin). Comparable as a top-tier LNG producer and trader supplying European and Asian markets.
• NOVATEK: Parent and majority owner of Yamal LNG, and operator of Arctic LNG 2 and other Russian LNG projects. Comparable as Russia's largest independent natural gas producer and LNG developer.
• Woodside Energy: Australian integrated energy company producing LNG from Pluto, NWS, and Browse. Comparable as a large-scale LNG producer with long-term Asian offtake contracts.
• INPEX Corporation: Japanese integrated energy company operating Ichthys LNG in Australia. Comparable as a large-scale LNG producer with long-term Asian (especially Japanese) offtake contracts.
• QatarEnergy: World's largest LNG producer operating the giant North Field. Comparable as a state-affiliated integrated LNG producer supplying European and Asian markets with multi-decade contracts.

Emerging players

• NextDecade: Developer of Rio Grande LNG export facility in Texas. Comparable as an emerging LNG liquefaction project developer building multi-train capacity for global offtake.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yamal Lng