Chinese companies to produce 80 pct of Yamal LNG equipment

An under-construction LNG plant.

An under-construction LNG plant.

Press photo
The equipment will be produced by seven Chinese shipyards.

Chinese manufacturers will produce up to 80 percent of the equipment needed for the Yamal LNG project, Dmitry Monakov, the first deputy director of the project told reporters on May 6. The equipment will be produced by seven Chinese and three Indonesian shipyards, he added. 

The project envisages the construction of a gas liquefaction plant near the South Tambeyskoye field on the Yamal Peninsula. The plant will have three lines with a capacity of 5.5 million tons of liquefied natural gas per year.

The shareholders of the Yamal LNG project are Novatek – 50.1 percent, France’s Total – 20 percent, CNPC – 20 percent and China’s Silk Road Fund - 9.9 percent.

First published in Russian by Interfax

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