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2014-05-16 19:31:00

YAMAL LNG: 16 500 000 TPY

YAMAL LNG: 16 500 000 TPY

JSC Yamal LNG has let an engineering, procurement, and construction contract to Technip SA for an LNG facility with a capacity of 16.5 million tons/year (tpy).

The project consists of three 5.5-million tpy liquefaction trains that are among the world's largest and will make extensive use of modularized construction in yards.

Technip for the past 14 months has been involved in providing project planning, detailed engineering, estimation, and procurement work for JSC Yamal LNG. Handover of the first train is planned for 2017.

ogj.com

Tags: YAMAL, LNG, TECHNIP

Chronicle:

YAMAL LNG: 16 500 000 TPY
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

YAMAL LNG: 16 500 000 TPY
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

YAMAL LNG: 16 500 000 TPY
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

YAMAL LNG: 16 500 000 TPY
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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