Search results for: Yamal LNG

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  • 15 May 2017

    Russian independent natural gas producer, Novatek is developing the giant Yamal LNG project on the Yamal Peninsula.

  • 18 December 2018

    Glavgosexpertiza has backed the project on construction of a new production facility of Novatek’s Yamal LNG.

  • 9 January 2020
    Business & Finance

    China’s Hudong-Zhonghua Shipbuilding names another LNG carrier for Russia’s Yamal LNG Project.

  • 17 March 2020

    Russia’s largest independent natural gas producer and LNG project operator Novatek has hit a milestone in its natural gas field development program. 

  • 22 July 2013

    One of the world’s leading engineering companies Siemens said it has secured a contract to supply gas turbines for a plant that will power the Yamal LNG project in Russia. The company said it has sold six gas-fired power generating turbines, each with a capacity of 47MW, to Technopromexport, a subsidiary of the Rostech State […]

  • 18 January 2016

    The first Arc7 ice-class LNG carrier, SCF Yamal, was launched last week at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in South Korea.

  • 28 March 2017

    South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) said the world’s first ice class LNG carrier, Christophe de Margerie, completed the ice trials in the Arctic Ocean.

  • 9 July 2014
    Business & Finance

    TOKYO-Mitsui O.S.K. Lines, Ltd. today announced that joint venture companies between MOL and China Shipping Company, concluded and signed shipbuilding contracts with Daewoo Shipbuilding & Marine Engineering Co., Ltd. in Korea to build three ice class LNG carriers.   These ice class carriers are intended for Yamal LNG project, which is currently Russian’s most strategic […]

  • 21 October 2016

    Novatek-led US$27 billion Yamal LNG project is moving ahead, having reached 76 percent completion in September.

  • 28 May 2018

    Japan is considering the option of joining the Novatek-led Yamal LNG project the country’s prime minister told at an event in St. Petersburg. 

  • 1 October 2019
    Business & Finance, Rules & Regulation

    The sanctions are affecting Teekay’s Yamal LNG joint venture.

  • 21 June 2013
    Project & Tenders

    NOVATEK and China National Petroleum Corporation (CNPC) on Friday concluded a framework agreement on cooperation within the Yamal LNG project. The agreement provides for: acquisition by CNPC of a 20% stake in the Project; conclusion of a long-term contract for supply of at least 3 million tons of LNG per annum; and active assistance in organizing […]

  • 20 May 2014
    Project & Tenders

    Yamal LNG said it has concluded a binding contract for the supply of liquefied natural gas (LNG) with China National Petroleum Corporation (CNPC). The contract provides for the supply of three million tons of LNG per annum at delivered ex-ship (DES) terms for a period of 20 years. LNG price is indexed to the Japanese […]

  • 25 October 2012

    Total of France expects a final investment decision on Russia’s Yamal LNG Project to be made next year. The decision was first anticipated by the end of this year. Head of gas and power at Total, Philippe Sauquet, said at gas and electricity conference in Paris : “We anticipate to be in a position to […]

  • 14 May 2018

    Russia’s largest independent natural gas operator, Novatek, is nearing a maintenance shutdown of its first liquefaction train at the Yamal LNG project in the Arctic. 

  • 30 October 2016

    Update: Teekay’s LNG tanker attacked off Yemen Teekay’s LNG carrier, the 2004-built Galicia Spirit with the capacity to transport up to 137,814 cubic meters, has come under attack off the coast of Yemen. Picture of the day: Yamal LNG project progresses Novatek-led US$27 billion Yamal LNG project is moving ahead, having reached 76 percent completion […]

  • 16 February 2018
    Ports & Logistics

    Russia’s largest independent natural gas producer and LNG operator, Novatek plans to invest up to $1.5 billion to build a liquefied natural gas transshipment terminal on Kamchatka Peninsula in the Russian Far East. The company is currently looking into two options for the location of the LNG hub, namely the Avacha Bay and the Bechevinskaya Bay, according to […]

  • 24 March 2011

      OAO NOVATEK announced today that it has executed a call option agreement for the right to purchase the remaining 25.1% stake in Yamal LNG for USD 526 million which is valid until 1 July 2012. The Company paid USD 15 million for the call option, which is included in the option price. NOVATEK currently […]

  • 4 January 2019

    Russia’s largest independent natural gas producer, Novatek, has deployed specific ice-class tankers to ship the chilled fuel from its Yamal LNG project via the Northern Sea Route.

  • 4 July 2013
    Business & Finance

    OAO Yamal LNG announced today the completion of the tender for the construction of ARC7 ice-class tankers for the shipment of liquefied natural gas (LNG). After considering proposals submitted by seven world-leading shipyards, Daewoo Shipbuilding & Marine Engineering was named the winner of the tender and Yamal LNG signed a slot reservation agreement with the […]

  • 11 April 2018
    Ports & Logistics

    Novatek, the operator of the giant Yamal LNG project in the Russian Arctic, reported on Tuesday a rise of 2.2 percent in its gas production in the first quarter of this year. Russia’s largest non-state natural gas producer said in its preliminary report it produced 16.5 billion cubic meters (bcm) in the period under review, […]

  • 9 April 2015

    Total’s Chief Executive Patrick Pouyanne will visit the $27 billion Yamal LNG project in which the French company has a 20% stake.