A mega overseas project for liquefied natural gas or LNG that will likely burnish China's global profile, contribute toward the country's energy security, enhance its geopolitical strategy and bolster efforts for economic rejuvenation, is scheduled to start production in the Russian Arctic late this year.

The 16.5 million metric tons per annum Yamal project－its corporate entity is called Oao Yamal LNG－is located in north-central Russia (or north western Siberia).