China Equipments to Yamal LNG
By Aiswarya Lakshmi
Monday, May 2, 2016
The first shipment of a ‘core kit’ for Russia’s Yamal LNG project has set sail for northern Russia from the Chinese port of Qingdao.
China's first batch of two air cooled condensing modules of LNG project are the biggest and heaviest kits being used for the project. They are set to arrive at the construction site in late June, says China Central Television.
Yamal is a liquefied natural gas project located deep in the Russian Arctic. It is expected to start operating next year. 85 percent of the liquefied natural gas will be transported to the Asia Pacific market.
It is China's first export of LNG core modules, indicating that China has entered into the international high-end oil and gas equipment market.
The semi-sub vessel carrying the modules weighing of more than 1,000 tons will travel 13,000 nautical miles and is expected to arrive at the port of Sabetta in the North Pole by the end of June.
The modules are the two of the six such modules contracted for by the Wuchang Shipbuilding Group Co., ltd. The other four are in the process of building and are expected to be completed by the end of July.
It is also the first time a Chinese company-- the China Offshore Oil Engineering Corporation-- will install equipment for such a project by implementing its own technologies for liquefied natural gas production.
PetroChina is the second largest shareholder of the project. 3 million tons of liquefied natural gas will be transported to China annually.