Three consortiums participating in tender for LNG plant construction in Yamal
MOSCOW. Oct 9 (Interfax) - Three consortiums are participating in a tender to build a liquefied natural gas (LNG) plant under the Yamal LNG project, two sources with knowledge of the situation told Interfax.
One of the sources said that a consortium of the FEED (front end engineering design) developers consisting of CB&I Lumus, Saipem and Chiyoda are vying for the contract for the turn-key construction of the LNG plant.
The second newly formed consortium is comprised of France's Technip and Japan's JGC.
Another source told Interfax that the third consortium is made up of a group that includes a Russian company, presumably Stroygazconsulting.
As reported, the shareholders in the Yamal LNG project - Russia's NOVATEK (80%) and France's Total (20%) - are conducting a two-stage tender to select a general contractor for the LNG plant's construction.
The plant will have a modular design of 240 modules, which will be transported to the location by sea from 2014 to 2017.
At the beginning of March, the co-owner and CEO of NOVATEK, Leonid Mikhelson, said that the FEED developer will not have any advantages in the awarding of a contract to erect the LNG plant. The company intends to identify a general contractor in December, prior to adopting a final investment decision for the project.
The Yamal LNG project envisages the construction of an LNG plant on the Yamal Peninsula with capacity of 16.5 million tonnes a year, in three phases of 5.5 million tonnes each. It also involves the production of up to 1 million tonnes of condensate on the basis of the South-Tambeyskoye field.
The plant's first phase is slated for launch at the end of 2016, the second phase - at the end of 2017, and the third - at the end of 2018.