The demand of arctic maritime technology is increasing because of Russian-China LNG-agreement

From point of view Arctic Maritime Technology Foresight project, we can interrept that the demand of arctic maritime technology is increasing among us because of Russian-China new LNG-agreement.

See more about Itar-Tass news 20.5.2014

”Russia, China set to promote oil cooperation, soonest start of gas supply to China”

http://en.itar-tass.com/economy/732259

Among us in article has said follow one:

NOVATEK and CNPC sign contract on supply of 3 million tons of LNG

NOVATEK and CNPC signed a contract of supply of three million tons of liquefied natural gas (LNG) a year. The signing ceremony took place within the framework of Russian President Vladimir Putin’s official visit to China.

”We signed the basic terms last year, and now we’ve signed the finalized contract: three million tons,” NOVATEK head Leonid Mikhelson told reporters.

LNG will be supplied within the scope of the Yamal LNG – the contract envisions the development of the Yuzhno-Tambeiskoye gas field and the construction of a plant with a capacity to produce 16.5 million tons of LNG and one million tons of natural gas liquid a year.

Three phases of the plant construction project are envisioned, each will successively increase the capacity by 5.5 million tons a year. The first phase of the plant is due to be commissioned in 2017.

NOVATEK has a 60% stake in Yamal LNG, CNPC has a 20% stake, and France’s Total has another 20%.

See all article / Source: http://en.itar-tass.com/economy/732259

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