Teekay LNG: Signs Deal for 6 Icebreaker LNG Carriers for Yamal LNG
Teekay LNG Partners L.P., through a new 50/50 joint venture with China LNG Shipping (Holdings) Limited (China LNG), today announced that it has finalized shipbuilding contracts for six internationally-flagged icebreaker liquefied natural gas (LNG) carriers for the Yamal LNG Project, which is located on the Yamal Peninsula in Northern Russia. Under the agreements, the joint venture …
ABB Wins Contract for Power and Propulsion Systems for 16 Yamal LNG Carriers
ABB, a global leader in power and automation technology, has secured a contract to supply electrical power and propulsion systems for the first of 16 Yamal LNG carriers. The contract, which includes options to equip 15 further vessels, is part of a project to transport LNG from the Yamal peninsula …
Yamal LNG: Binding contract on LNG supply concluded with CNPC
Yamal LNG announced the conclusion of 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 (3) million tons of LNG per annum at delivered ex-ship (DES) terms for a period of 20 years. LNG …
Technip Wins Massive Yamal LNG EPC Contract
Technip confirms that with its partners it has finalized the award by JSC Yamal LNG of a very major contract for a liquefied natural gas (LNG) 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 …
Yamal LNG and Fluxys Have Signed a LNG Transportation Agreement
Yamal LNG and Fluxys have signed an agreement outlining the parameters of cooperation on the transshipment of liquefied natural gas (LNG), supplied from a LNG plant on the Yamal Peninsula (Russia), at Fluxys’ LNG terminal in Zeebrugge (Belgium). Yamal LNG is building a natural gas liquefaction plant with its first …
Russia and China Strike Yamal LNG Agreement – Tax Breaks for Project Financing
JSC Yamal LNG reports enactment of the Agreement between the Government of the Russian Federation and the Government of the People’s Republic of China on cooperation on the Yamal LNG project (hereinafter refered to as the “Agreement”). The Agreement is geared to establish favorable conditions for the investment cooperation in …
NOVATEK Closes Sale of 20% Interest in Yamal LNG to CNPC
OAO NOVATEK announced today the closing of the sale of a 20% participation interest in Yamal LNG Project (“Project”) to CNODC, a subsidiary of China National Petroleum Corporation (“CNPC”), upon the receipt of all necessary regulatory approvals from Russian, European and Chinese authorities. Following the completion of the deal, the …
Yokogawa Wins Control System Order for Yamal LNG Project
Yokogawa Electric Corporation is pleased to announce that its subsidiary Yokogawa Europe Solutions B.V. has been awarded a contract by Yamgaz, a consortium of Technip and JGC Corporation, to supply integrated control and safety systems (ICSS) for the Yamal LNG Project to build a liquefied natural gas plant and other …
Novatek: Final Investment Decision Made on the Yamal LNG Project
OAO NOVATEK announced today that the Board of Directors of Yamal LNG approved a final investment decision for the Yamal LNG project, consisting of the development of the South-Tambeyskoye gas condensate field and the construction of a natural gas liquefaction plant on the Yamal Peninsula (the “Project”). All of the …
Novatek: Concludes Heads of Agreement on LNG Supply with CNPC
OAO NOVATEK announced the conclusion of Heads of Agreement for the supply of liquefied natural gas (LNG) between Yamal LNG and China National Petroleum Corporation (“CNPC”). The document provides for the supply of no less than three (3) million tons of LNG per annum at delivered ex-ship (DES) terms for …