Russia: Novatek to Announce Tender for Yamal LNG Terminal

Novatek of Russia plans to announce a tender for an construction contract to build an LNG plant at the Yamal LNG project this month, Bloomberg reported, citing Chief Executive Officer Leonid Mikhelson.

Yamal LNG, a 80% subsidiary of NOVATEK, is engaged in the engineering and design work for the construction of an onshore LNG facility located near Sabetta on the Yamal pensinsula.

The project is based on the resources of the South-Tambeyskoye field.

Yamal LNG has contracted Chicago Bridge and Iron Lummus to carry out the pre-FEED work, which was completed in early 2011, and presently, CBI Lummus is working on the project’s FEED stage expected to be completed in the first half of 2012.


LNG World News Staff, March 7, 2012; Image: Novatek