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Russian president Putin inaugurates Artic LNG refinery

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The Russian President inaugurated on Friday a massive Liquefied Natural Gas refinery in the Artic, one of the largest LNG refineries in the world. President VladĂ­mir Putin, travelled to the Yamal Peninsula in the Yamalo-Nenets Autonomous Okrug of northwest Siberia, inside the Artic circle, to inaugurate the gigantic Yamal Liquefied Natural Gas (LNG) refinery. From the port of Sabetta, Putin watched the first LNG shipment being pumped on to the world's first icebreaker LNG carrier ship, the "Arc7 Christophe de Margerie" with a capacity of 170,000 cubic meters. The ARC 7 is the first icebreaker LNG carrier ship out of a planned LNG carrier fleet of 15. Also present at the ceremony were representatives of the project's international corporate partners. "This first LNG cargo is a testament to the tremendous efforts of the project partners, contractors and all parties who managed to deliver Yamal LNG on time and on budget.  Together we managed ...