By JAMES MARSON
MOSCOW -- OAO Novatek and Total's joint liquefied natural
gas project in the Russian Arctic, Yamal
said Monday it had selected France's Technip and Japan's JGC
Corp. to contruct the liquefaction plant.
Technip and JGC Corp. will build a plant of three liquefied
gas trains with an annual capacity of 16.5 million metric
didn't disclose details of the consortium's winning bid.
Novatek, Russia's largest non-state gas producer, owns 80%
of Yamal LNG.
Total holds the remaining 20%.
The project is expected to produce its
first gas in 2017.
Dow Jones Newswires