Novatek will be able to launch the first stage of Arctic LNG-2 in 2023, despite the existing problems with this project, said Leonid Mikhelson, Chairman of Novatek's Management Board. However, the company has postponed transportation of the gravity base, on which the LNG plant is being installed, from this year to the next year for a number of reasons of a non-global nature, he explained. For the second stage of the plant 9 out of 14 modules are 99% ready, the remaining 5 modules are 85-90% ready. The project continues to be financed by Japanese companies, among others.