2019 July 31 16:06

RF Government determines estimated cost of building LNG terminal, Utrenny, on Yamal

RF Government’s Decree has determined the estimated cost of building the Utrenny terminal for liquefied natural gas and stable gas condensate on the Yamal peninsula. According to the document, its estimated cost is RUB 144,217,140,050 with the limit of budget investments set at RUB 103,649,449,540.

Rosatom Corporation is the state customer with FSI Hydrographic Company defined as the developer of the terminal construction.

The Utrenny terminal included by the RF Government’s Decree into the port of Sabetta will be built on the western shore of the Gydan peninsula in the Yamal-Nenets Autonomous Region, where berthing facilities of NOVATEK’s Salmanovsky (Utrenny) field are located today. The field with proved reserves of about 1.98 trillion cbm of natural gas and 105 million tonnes of liquid hydrocarbons is to become a resource base of Arctic LNG 2 project.  

The document is available in Russian at the website of IAA PortNews >>>>