27 Jan 2018 19:21

Novak, U.S. Energy Secretary Perry discuss Perry's possible visit to Yamal LNG plant

MOSCOW. Jan 27 (Interfax) - Russian Energy Minister Alexander Novak and U.S. Energy Secretary Rick Perry met in Davos to discuss, among other things, Perry's possible visit to the Yamal LNG plant.

"We took part in a joint panel on the fuel and energy sector, the problems of energy and development, and the future of energy. Naturally, we talked on the sidelines before the panel, we had such an opportunity. Mr. Perry talked of no sanctions. He talked about competition, about the development of cooperation in energy. He referred to the example of cooperation in space. He said that it is necessary to create such conditions that help find points to make it possible to develop our cooperation," Novak said.

Saudi Oil Minister Khalid Al-Falih visited the site of the Yamal LNG natural gas liquefaction plant at Sabetta Port on the occasion of the launch of the project's first train in early December.

Yamal LNG is building a natural gas liquefaction plant on the basis of the Yuzhno-Tambeiskoye (South Tambey) field. Three trains of 5.5 million tonnes a year are planned, with the first train launched at the end of 2017.

Currently, the primary shareholders of Yamal LNG are Novatek with a 50.1% stake, France's Total with 20%, China's CNPC with 20% and the Silk Road Fund (SRF), also from China, with 9.9%