Builders of Yamal LNG Carriers Selected

 Three shipbuilders have been selected by the developers of the “Yamal LNG” project to build sixteen gas tankers for a total amount of five billion dollars.

The winners of this mega deal are Russian “Sovcomflot”, Japanese Mitsui OSK and Canadian Teekay LNG, as written by the Russian newspaper Vedomosti.  However, the information has not been confirmed by the project’s majority stakeholder NOVATEK.

The Yamal LNG project in Russia’s Arctic includes the construction of a liquefied natural gas (LNG) plant with capacity of 16.5 million tons of LNG annually based on the resource of the South Tambeyskoye field. Yamal LNG is owned by NOVATEK (60%), TOTAL (20%) and CNPC (20%).

The project is scheduled to start producing gas in 2016, reaching an estimated supply of 16.5 million tonnes by 2018.

The majority stakeholder NOVATEK wants to focus on Asian market, by shipping gas via the Northern Sea Route, this being a far more cost-efficient option than that via Europe.

World Maritime News Staff, April 30, 2014

 

 

Share this article

Follow World Maritime News

In Depth>

Events>

<< Mar 2020 >>
MTWTFSS
24 25 26 27 28 29 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Seawork 2020

Seawork is Europe’s leading commercial marine and workboat exhibition, providing businesses the opportunity…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

World Future Ports Summit 2020

This event will bring together ports and maritime shipping professionals from global leading companies and authorities to discuss recent digital technologies…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >