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TechnipFMC sighned contract with Novatek

22.05.2019 17:47

UK-based services firm TechnipFMC has been awarded the engineering, procurement and construction (EPC) contract for the Arctic LNG 2 project from Russian independent gas producer Novatek.

Under the contract, TechnipFMC will be responsible for the engineering, procurement, supply, construction, and commissioning of an integrated liquefied natural gas facility with annual capacity of 19.8 million tons as part of the Arctic LNG 2 project.

“The team that implemented the unique Yamal LNG project in record time and within the budget has launched an even more ambitious and innovative project,” TASS quotes the words of Novatek's board chairman Leonid Michelson. At the same time, he noted that the accumulated experience of joint work on the construction of LNG plants in the Arctic region will make it possible to implement the Arctic LNG project in the shortest possible time.

It provides for the construction of a plant for the production of liquefied natural gas on the basis of the Morning Field (Yamal Peninsula). The resource potential of the field (as of December 31 of last year) averages 1.138 trillion cubic meters of natural gas and 57 million tons of liquid hydrocarbons.
The plant's capacity is expected to be 19.8 million tons per year, the launch of the first phase of the project is scheduled for 2023. In total, it is planned to build three phases for the production of LNG, each of which will amount to 6.6 million tons per year.