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NOVATEK will sign several agreements with the regions at the SPIEF-2017

In the upcoming, this week's St. Petersburg international economic forum (SPIEF) company NOVATEK will sign a number of investment agreements with the regions. It is reported by TASS with reference to the governments of these regions.

30.May.17 12:13 PM
By Christina Orlina


NOVATEK will sign several agreements with the regions at the SPIEF-2017
Several framework agreements on cooperation with NOVATEK expects to sign Yamal-Nenets Autonomous Okrug (YANAO). On its territory, Russia's largest independent gas producer implements the project "Yamal LNG". One of the contracts for large-scale infrastructure project "Energy of Arctic".

The intention of the authorities of the region, SSH open access to the Arctic shelf, will link the main oil and gas fields in the North with the transport arteries of the country, as well as to provide the shortest year-round transit of minerals to markets in Europe, North America and the Asia-Pacific region. But the railway is just one part of the project "Energy of Arctic". In general it aims at the development of port and transport infrastructure and the extension of the gas pipeline system Yamal Peninsula.

In the framework of the project a total value of $ 27 billion was built harbour and airport in the village of Sabetta. The shareholders of "Yamal LNG", in addition to NOVATEK (50.1 per cent) are French company Total (20%), CNPC (20%) and Fund "the silk road" (9.9 percent).
In addition, NOVATEK plans to build in YANAO another LNG plant "Arctic LNG 2". It will be on the Peninsula Gydan (on the opposite of the Yamal shore of the Ob Bay). Start of this project scheduled for 2018-19 years.

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