JGC, Aker to design Far East LNG plant
Russian firm Globaltek announced on January 25 it had hired Japan's JGC and Norway's Aker Solutions to undertake frontend engineering design (FEED) work for a proposed LNG export terminal in the Russian Far East.
The pair won a tender in which 13 international companies participated, Globaltek said. They were chosen over two other shortlisted bidders, France's Technip Energies and US contractor McDermott.
Yakutsk LNG proposes to build a 18mn metric tons/year LNG export terminal on the coast of Russia's Yakutia's republic, in order to commercialise the remote region's substantial but largely untapped gas resources. Globaltec is in charge of technical solutions for the project, while the developer is YATEC, owned by Russian investment firm A-Property.
The main destination for Yakutsk LNG's gas is expected to be China. Chinese gas importer Zhejiang Energy agreed terms earlier this month to take a 10% take in the venture. The target is to reach a final investment decision in 2023.