Technip Confirms Yamal LNG Deal

Technip Confirms Yamal LNG Deal

Technip confirmed that with its partners it has finalized the award by JSC Yamal LNG of a very major contract for a liquefied natural gas facility with a capacity of 16.5 million tons per year (Mt/y).

The project will comprise three liquefaction trains of 5.5 Mt/y that are among the world’s largest and will make extensive use of modularized construction in yards.

Technip, for the past 14 months, has been involved in providing project planning, detailed engineering, estimation and procurement work for the Yamal LNG project, operated by Russia’s Novatek. This early engagement gives a comprehensive understanding of the project, around which the project execution plan has been built and handover of the first train is planned for 2017.

The scope of work will consist of:

– engineering, procurement and module fabrication on a fixed-price basis;
– site construction on a reimbursable basis.

Press Release, May 15, 2014; Image: Novatek