Located in Yamalo-Nenets Autonomous Okrug in Russia, the Arctic-2 Floating LNG liquefaction terminal is owned by Novatek, TotalEnergies, China National Offshore Oil, China National Petroleum, Japan Oil, Gas and Metals National, and Mitsui and will be operated by Arctic LNG 2, once it becomes operational in 2023.

The Arctic-2 Floating LNG liquefaction terminal will source gas from the following fields -Geofizicheskoye and Salmanovskoye (Utrenneye)

With one train, Arctic-2 Floating terminal will have an initial LNG production capacity of 6.6Mtpa (million tons per annum).

Subsequent expansions at the Arctic-2 Floating liquefaction plant will increase its capacity by 13.2Mtpa.

During the period 2021-2025, the Arctic-2 Floating liquefaction plant is expected to witness an estimated capex of $9,652.5m.

Contractors involved in the liquefaction plant

Some of the key contractors for the Arctic-2 Floating LNG liquefaction plant include the following.

Design/FEED: Linde, NIPIgazpererabotka, TechnipFMC.

Main EPC: Eni, Renaissance Construction, TechnipFMC.

EPC: Bomesc Offshore Engineering, Cheung Hing Investments, Daewoo Shipbuilding & Marine Engineering, Eni, McDermott International.


Information on the terminal is sourced from GlobalData’s LNG Liquefaction database that provides detailed information on all active and upcoming, LNG liquefaction terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.