Shipbuilding major looks towards Yamal LNG

The United Shipbuilding Corporation intends to bid for contracts in the Yamal LNG project.

The state-owned corporation, which includes a number of big Russian shipyards, among them the Sevmash and Zvezdochka yards in Severodvinsk, plans to bid for several contracts in the Yamal LNG project, company director Igor Ryabov told RBC.ru. The corporation is interested in contracts both on plant construction, local sea port development, as well as LNG carriers.

A tender on the LNG plant development is due mid-2011, Oilru.com reports.

The Yamal LNG will be based on gas from the South Tambey gas field, a deposit owned by Novatek (80%) and Gazprom (20%). The field contains an estimated 1,25 trillion cubic meters of gas and is located in the northern part of the Arctic peninsula.

Read also: Yamal LNG plant in 2018

The project includes a major upgrade of local infrastructure, including of the local Sabetta sea port.

The United Shipbuilding Corporation is in its bids for Yamal LNG stakes likely to take use of the Sevmashshelf unit established recently by Sevmash. The Sevmashshelf is planned to become Sevmash’ main unit for development of oil and gas installations.

Read also: Sevmash to establish offshore petro subsidiary

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