Product Categories

Contact Us

Luxi New Energy Equipment Group Co.,Ltd

Address:No.28 Liaohe Road Economic Development Zone, Liaocheng, Shangdong, China

Contact: Pengpeng Li

Tel:86-635-8510990

M/P:86-15906356230 

Fax:86-635-8517880

Email:lipengpeng@lxhg.com

International information

Home > News > Content
To Thank China Yalmar Project Plans To Issue The First Cargo To PetroChina
Nov 04, 2017

According to Bloomberg News, CNPC will be the first recipient of the project. Mark Gyetvay, the major shareholder of the project, the deputy chief executive of Russia's Novatek PJSC, told a conference call on Thursday that it was "obviously very much Symbolic ". But he did not specify the specific delivery date.


Gyetvay said, "We believe the first shipment of LNG cargoes should be accepted by CNPC, which is their recognition of their contribution to the project and the importance of the Asia Pacific market as a key consumer market."


Yamal project size reached 27 billion U.S. dollars, after the U.S. sanctions against Novatek have caused people's concerns about the progress of the project. After PetroChina purchased a 20% stake in the project, Chinese banks agreed last year to provide $ 12 billion for the project. Silk Road Fund holds 9.9%.


According to previous public reports, the Yamal project is a major project actively promoted in the Arctic region in Russia. 1.3 trillion cubic meters of natural gas and 60.184 million tons of condensate oil have been proved. It is expected to be fully put into operation in 2019 and will produce 16.5 million tons of liquefaction Natural gas, 1 million tons condensate.