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Last updated on April 17, 2014 at 11:05 EDT

Latest Yamal Peninsula Stories

2014-01-23 12:24:05

Contract Win Places Company's Leading Technology and Equipment in Russia for First Time LEHIGH VALLEY, Pa., Jan. 23, 2014 /PRNewswire/ -- Air Products (NYSE: APD), the global leader in liquefied natural gas (LNG) technology and equipment, today announced it has signed an agreement with a consortium including Technip and JGC Corporation to implement the Yamal LNG Project. The LNG plant under construction on the Yamal Peninsula will mark the first time Air Products deploys its...

2013-10-22 16:22:14

BEIJING, Oct. 22, 2013 /PRNewswire/ -- OAO NOVATEK ("NOVATEK") announced the conclusion of Heads of Agreement for the supply of liquefied natural gas (LNG) between Yamal LNG and China National Petroleum Corporation ("CNPC"). The document provides for the supply of no less than three (3) million tons of LNG per annum at delivered ex-ship (DES) terms for a period of 15 years with possible supply extension, with the LNG price is indexed to the Japanese Crude Cocktail. Chairman of the...

2013-09-10 12:24:26

MOSCOW, Sept. 10, 2013 /PRNewswire/ -- Today, OAO NOVATEK, China National Petroleum Corporation and a consortium of Chinese financial institutions concluded a memorandum on project financing for the Yamal LNG project. According to the memorandum, the Chinese commercial banks - China Development Bank Corporation, Industrial and Commercial Bank of China, Bank of China and China Construction Bank, - will consider actively participating in the external project financing transaction of...

2013-09-05 12:22:32

MOSCOW, Sept. 5, 2013 /PRNewswire/ -- Today, in the presence of the President of Russian Federation Vladimir Putin and the Chairman of People's Republic of China Xi Jinping, OAO NOVATEK ("NOVATEK") and China National Petroleum Corporation ("CNPC") concluded an agreement on purchase of a 20% equity share in the Yamal LNG project ("Project") by CNPC. The transfer of title to the equity share is subject to receipt of necessary regulatory approvals and expected to be completed by 01...

2013-06-21 12:21:33

ST. PETERSBURG, Russia, June 21, 2013 /PRNewswire/ -- Today at the St. Petersburg International Economic Forum OAO NOVATEK ("NOVATEK" and/or the "Company") and China National Petroleum Corporation ("CNPC") concluded a framework agreement on cooperation within the Yamal LNG project (the "Project). The agreement provides for: - acquisition by CNPC of a 20% stake in the Project; - conclusion of a long-term contract for supply of at least 3 million tons of LNG per annum; and - active...

2013-06-20 16:24:00

ST. PETERSBURG, Russia, June 20, 2013 /PRNewswire/ -- OAO NOVATEK ("NOVATEK" and/or the "Company") announced today that during the St. Petersburg International Forum the Company has signed a cooperation agreement with, OAO Sovcomflot and Vnesheconombank on the construction of two LNG carriers for Yamal LNG project. According to the cooperation agreement, Vnesheconombank will consider financing the construction of two LNG tankers, and Sovcomflot confirms its interest in operation of these...

2009-03-28 09:09:13

A Siemens Corp. official says the company wants to partner with Russian natural gas monopoly Gazprom to produce liquefied natural gas. The German company's vice president, Dietrich Moeller, told Gazprom's corporate magazine that Siemens hopes a partnership could begin with the Shtokman offshore gas field in the Arctic, ITAR-Tass reported Saturday. Moeller reportedly said that such a partnership was discussed when the presidents of the two companies met recently, saying Siemens could play very...

2008-09-30 21:00:29

SALEKHARD. Sept 30 (Interfax) - Eni would be interested in taking part in the construction of a liquefied natural gas (LNG) plant on the Yamal Peninsula, Paolo Scaroni, the Italian company's CEO, told reporters in Salekhard. Scaroni said Eni would gladly consider any offer by Gazprom (RTS: GAZP) to become involved in the Yamal LNG project because global demand for LNG is on the increase. (c) 2008 Daily News Bulletin; Moscow - English. Provided by ProQuest LLC. All rights Reserved.

2008-09-24 09:00:41

Gazprom and the government of Yamal-Nenets Autonomous Okrug in Russia have signed a co-operation agreement for the gasification of the region in 2009. The agreement contemplates co-operation between the parties in a wide range of issues including gasification of the region; utilization of modern renewable electricity sources; introduction of distributed energy sources and environmentally friendly technologies for gas supply facilities; wider use of natural gas as a vehicle fuel; conversion...