Novatek signs Arctic LNG 2 equipment deal with Siemens

- Russia’s largest independent gas producer Novatek signs compressor equipment deal with Siemens for Arctic LNG 2 project

Siemens signed a contract for the supply of compressor equipment for three liquefaction trains of the Arctic LNG 2 project, Russia's Novatek announced late Friday.

According to Novatek, the scope of supply under the contract includes three feed gas compressors and six boil-off gas compressors for the project, which is based on the hydrocarbon resources of the Utrenneye field, in the hydrocarbon-rich Gydan peninsula in the Yamal-Nenets Autonomous District.

The Arctic LNG 2 project envisages constructing three LNG trains each with a capacity of 6.6 million tons per annum.

The agreement also provides for the localization of equipment fabrication for the project's third train in Russia.

'Siemens and Novatek have a successful working relationship as they supplied gas turbine generators and boil-off gas compressors for our Yamal LNG plant,' said Alexander Fridman, Novatek's first deputy chairman.

'Our next project, Arctic LNG 2, will utilize new technological solutions and employ domestic manufacturers. The supply contract envisages new prospects for localizing the compressor equipment fabrication for the LNG industry, which is consistent with our strategic aim of creating and developing an LNG Center of Excellence in Russia,' Fridman said.

As of Dec. 31, 2018, the Utrenneye field’s reserves under the Russian reserves classification totaled 1,978 billion cubic meters of natural gas and 105 million tons of liquids.

By Murat Temizer

Anadolu Agency

energy@aa.com.tr