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Technip confirms huge Yamal LNG contract

15th May 2014

Technip confirms major project award for the engineering, procurement and construction of Yamal LNG

Technip confirms huge Yamal LNG contract
he project will comprise three liquefaction trains of 5.5 Mt/y that are among the world's largest

Technip confirms that, with its partners, it has finalised the award by JSC Yamal LNG of a major contract for a liquefied natural gas (LNG) facility with a capacity of 16.5 million tons per year (Mt/y). The project will comprise three liquefaction trains of 5.5 Mt/y that are among the world's largest and will make extensive use of modularised construction in yards.

Technip, for the past 14 months, has been involved in providing project planning, detailed engineering, estimation and procurement work for the client. This early engagement gives a comprehensive understanding of the project, around which the project execution plan has been built and handover of the first train is planned for 2017.

The scope of work will consist of:

  • engineering, procurement and module fabrication on a fixed-price basis,
  • site construction on a reimbursable basis.

Technip will recognize order intake estimated at USD 6.2bn (EUR 4.5bn) across the second and third quarters 2014.

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