Major LNG News for 2018 — The Essential Facts
What is your resolution for New Year 2018? No, that isn’t a typo - while you may not be planning that far ahead there are many people looking excitedly forward to the end of 2017 and the opening of a new and very important facility. Though they may not know it, many thousands more will soon benefit from the work that will be tirelessly carried out there. The Liquefied Natural Gas (LNG) market is a huge, diverse and ever-expanding one, gathering impetus daily as the demands of a power-hungry world increase.
LNG discovery, extraction, refinement and storage facilities are examples of engineering at its most modern extreme: the giant machines, pipelines and transportation vehicles inspiring awe at their grand, near-impossible scale. For all their size, these mammoth structures and vehicles are wholly dependent on the quality and integration of much smaller components - the springs, rivets, screws, stainless steel banding and buckles that hold the whole thing together and allow it to function.
Yamal LNG will be, when construction is complete, the most modern LNG plant on Earth. The project, which began with the construction of dedicated port facilities in September of 2013, is scheduled to begin operating by the end of 2017 and BS Stainless have proudly supplied a wide range of materials for use in various sectors of the massive facility.
Facts & Figures
-
Located in Sabetta, to the north-east of the forbidding Yamal Peninsula in Russia, Yamal LNG has been developed by Gazprom and is expected to cost around US$27bn to complete
-
The first of three planned trains is expected to be operational by the end of next year with full capacity - an astonishing 16.5mn tonnes of LNG every year - being reached by 2021
-
The plant has been designed and commission by consortium of Chiyoda, JGC Corporation and Technip
-
As well as the plant itself, supporting infrastructure is being constructed to include a seaport, airport and power plant. Built by Technopromexport with turbines engineered and manufactured by market-leading Siemens, the power plant is scheduled to be fully operational by 2018, boasting an impressive capacity of 282MW
-
Supplied primarily from the Yuzhno-Tambeyskoye gas field, the plant will produce LNG mainly for export to China and other asian markets, to where it will be transported via the Northeast Passage
-
Gas tankers built especially for the project will be supplied by Daewoo Shipbuilding & Marine Engineering
It is testament to the unrivalled quality of our products that they are selected for use in such prestigious projects. Here you can find out more about how we facilitate the essential work of the LNG industry.