Yamal LNG announces tender on pipe deliveries for 7 yrs
MOSCOW. April 8 (Interfax) - Yamal LNG has announced an open, two-stage tender to deliver pipe for production wells at the South Tambei field in the 2013-2020 period, Novatek, the owner of an 80% stake in Yamal LNG, said in materials.
The contract is on delivery of casing pipe, pumping and compression pipe, steel pipe, crossover pipe, screen pipe, and pumping and compression connector pipe.
Tender proposals will be accepted from April 8 until April 22 and must remain "valid and unaltered" until September 31, 2013.
According to Novatek's strategy at the end of 2011, the company expected to drill 198 wells at the South Tambei field in the 2011-2020 period. It provided for allocating 53% of capital investment in the field (excluding the cost of building the LNG plant) to drilling, with the rest going to build gas collection infrastructure, well pads, an airfield and housing.
The Yamal LNG project, in which French Total has 20%, will cost a total of $20 billion.
Yamal LNG recently awarded the contract to build the LNG plant to a consortium of French Technip and Japanese JGC.
The Yamal LNG project calls for the development of the South Tambei field with recoverable reserves of 1.3 trillion cubic meters of gas and the construction of an LNG plant with capacity of 16.5 million tonnes of LNG and 1 million tonnes of gas condensate per year. There are plans to build three phases of 5.5 million tonnes of LNG per year each, to be launched at the end of 2016, end of 2017 and end of 2018, respectively.