Scandoil  

Yamal LNG signs contract with Gazprom to supply LNG to Asia Pacific


Published Jan 27, 2015
Yamal LNG project will be equipped with Wärtsilä 50DF dual-fuel engines

OAO Yamal LNG (Yamal LNG) says that Yamal Trade Pte Ltd. and Gazprom Marketing & Trading Singapore Pte Ltd. signed a long-term Supply and Purchase Agreement (Agreement) on the supply of 2.9 million tons of liquefied natural gas (LNG) per annum produced by Yamal LNG in Russia.

The 20-year Agreement stipulates the supply of LNG to the Asian-Pacific region, primarily to India, with the LNG price indexed to crude oil. Note The Yamal LNG Project envisages the construction of a Liquefied Natural Gas (LNG) Plant with a capacity of 16.5 million tons per annum based on the hydrocarbon resources of the South-Tambeyskoye field.

The start of LNG production is planned for 2017. Yamal Trade is a wholly owned subsidiary of Yamal LNG. Gazprom Marketing & Trading Singapore is involved in LNG trading, shipping and marketing.

Tags: Gazprom, Yamal LNG




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml