President Putin personally attended the project of the entire value chain of PetroChina, and the long-term contract will bring 6 billion cubic meters of natural gas to China every year!
On December 8th, Russian President Putin started the loading button at the first LNG shipment ceremony of the Yamal LNG project, marking the official launch of the first phase of the world's largest North Pole LNG project. On December 9th, in the vast Arctic Circle, the heavy ice plateau was cut off a gap. The Margeru ice-grade LNG carrier loaded with Yamal LNG was ice-breaking and heading for the European port more than 4000 kilometers away. Yamal project was going in to operation! Although everything is planned, there still exists inexplicable excitement. Because this has a special meaning to our country. In addition to the participating of PetroChina's entire value chain in the operation of the project, the more compelling is that it will bring nearly 6 billion cubic meters of natural gas to China every year.
The Yamal project is the first overseas large-scale project put forward by the initiative of "The Belt and Road " and is also China's largest investment project in Russia. It is called the "ballast" and "wind vane" for the cooperation between China and Russia. It is the core strategic point of the Ice on the Silk Road. At present, CNPC has participated in the project operation of the entire upstream and downstream industry chain and is becoming an important player in the development of the international LNG industry.
What is the concept of 6 billion on earth? PetroChina estimates that throughout the winter heating period, the supply gap of northern resources is about 4.8 billion cubic meters. Yamal's 6 billion cubic meters of natural gas can help to make up for this gap, so that the northern winter is no longer cold. However, the good things need us take efforts. China needs to wait for some time if it wants to use Yamal gas.