VINCI wins construction contract for four LNG storage tanks for Yamal LNG in Russia

14 January 2014 - 5:45 pm - New contracts - Russian Federation

Entrepose Contracting and VINCI Construction Grands Projets, both subsidiaries of VINCI, have been awarded a contract with JSC Yamal LNG, owned by NOVATEK (80 %) and TOTAL (20 %), to perform an engineering, procurement, supply, construction and commissioning of four cryogenic full-containment liquefied natural gas (LNG) storage tanks (each composed of a 9% nickel stainless steel interior container and a pre-stressed concrete external container) with a capacity of 160,000 cubic meters each.

These tanks will form part of a 16.5 million tons per annum natural gas liquefaction project, which will utilise the resources of the South Tambey Gas Condensate Field situated in the Yamal Peninsula in the Russian Federation.

In order to meet the project schedule requirements to make the first 2 tanks available in 2016, the detailed engineering, supply of the first equipment, camps, temporary facilities and piling works in the permafrost were started in June 2013 under a Letter of Award arrangement.

Entrepose Contracting and VINCI Construction Grands Projets have a track record of building more than 30 LNG storage tanks in 11 different countries.

 

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VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.