Download RBTH Daily app for free to be up to date with what’s new in Russia. Get a fresh and brief digest every day.
Follow the link to learn more
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
