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Arctic LNG 2 and Nuovo Pignone sign equipment supply agreement

NOVATEK announced that its next LNG project.

Arctic LNG 2 and Nuovo Pignone sign equipment supply agreement Arctic LNG 2 and Nuovo Pignone sign equipment supply agreement


Moscow, December 21 - Neftegaz.RU. NOVATEK announced that its next LNG project, Arctic LNG 2 and Nuovo Pignone (Italy) signed an agreement on turbo machinery equipment.

 

The agreement provides for the supply of gas turbine compressors and gas turbine generators for the 3 liquefaction trains for the Arctic LNG 2 project.

 

«Our partnership with Nuovo Pignone extends back to 2013 as they supplied gas turbine compressors for the three liquefaction trains of our Yamal LNG project» noted Leonid Mikhelson, NOVATEK’s Chairman of the Management Board. «For Arctic LNG 2, we need the unique turbo machinery to produce 6.6 million tons of LNG per annum. Our cooperation with Nuovo Pignone can create opportunities for localizing the production of related equipment in Russia.»

The Arctic LNG 2 project envisages constructing 3 LNG trains at 6.6 million tons per annum each, using gravity-based structure (GBS) platforms. The Project is based on the hydrocarbon resources of the Utrenneye field.

 

As of 1 December 2018, the Utrenneye field’s reserves under the Russian reserves classification totaled 1,978 billion m3 of natural gas and 105 million tons of liquids. Arctic LNG 2 owns an LNG export license.

 

Source : Neftegaz.RU