By JAMES MARSON
MOSCOW -- OAO Novatek and Total's joint liquefied natural
gas project in the Russian Arctic, Yamal
LNG, 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
natural gas trains with an annual capacity of 16.5 million
Yamal LNG didn't disclose details of the consortium's winning
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