Page 7 - FSUOGM Week 04 2022

FSUOGM PIPELINES & TRANSPORT FSUOGM

Gazprom wraps up study on

pipeline through Mongolia

RUSSIA GAZPROM has wrapped up a feasibility study Power of Siberia will deliver at full capacity, will
for the Soyuz-Vostok gas pipeline that it wants to dramatically expand Russia’s share of the Chi-
The project was first build through Mongolia to China, the Russian nese gas market.
mooted in 2019. gas supplier said on January 25. Mongolia has expressed hope that construc-
After reviewing the study’s results, Gazprom tion can get underway as soon as 2024. The
CEO Alexei Miller signed a protocol on the Central Asian country stands to reap significant
pipeline’s construction with Mongolian Dep- economic benefits from the project, not only
uty Prime Minister Sainbuyan Amarsaikhan, from its construction but also the billions of dol-
the company said on its Telegram channel. The lars in transit revenues it will secure. Mongolia
pipeline’s section in Mongolia will be 963 km in may also be able to tap some of the gas itself for
length, with a diameter of 1,400 millimetres. Five use as fuel in power generation, assisting its tran-
compressor stations will be built along it, Gaz- sition away from coal.
prom said. Mongolia is also looking to extract its own
Russia and China first mooted a plan to build methane trapped in coal beds as an energy
a second gas pipeline between them in Septem- source. London-listed junior Elixir Energy
ber 2019, two months before the launch of their recently lodged plans for a coal-bed methane
first pipeline, Power of Siberia. Soyuz Vostok is (CBM) pilot project that would underpin the
set to flow up to 50bn cubic metres per year of construction of the country’s first gas-fired
gas, which adding to the 38 bcm per year that power station. ™

Designers picked for

Far East LNG project

RUSSIA JAPAN’S JGC and Norway’s Aker Solutions have metres of gas, but much of this resource remains
landed a contract to design a proposed LNG undeveloped because of limited local demand
The pair beat rival bids export terminal in Russia’s remote Far Eastern and a lack of export options. Yakutsk LNG has
from Technip Energies region of Yakutia. been proposed as the solution. The target is to
and McDermott. The pair were chosen through a tender that bring the terminal online in 2027, and at full
involved 13 international companies, and their capacity, it will produce 18mn tonnes per year of
offer beat rival shortlisted bids submitted by LNG for delivery to China and other fast-grow-
France’s Technip Energies and US firm McDer- ing gas markets in Asia.
mott. The frontend engineering and design The project passed a milestone earlier this
(FEED) work is expected to be completed within month, when Chinese gas importer Zhejiang
two years, ahead of a planned final investment Energy agreed terms to take a 10% stake in
decision on the project by the end of 2023. YATEC.
The Yakutsk LNG project will involve the Commenting on the selection of JGC and
development of gas fields in east Yakutia and a Aker, A-Property’s main shareholder Albert
1,300-km pipeline to pump their production Avdolyan said the pair had almost a century of
to a coastal site where the LNG terminal will be experience between them in energy supply pro-
constructed. The project’s developer is YATEC, jects across the world, including onshore and
owned by Russian business group A-Property, floating LNG plants. He also referred to their
while another local firm Globaltec, which issued involvement in some of Russia’s largest LNG
the tender, is providing technical support. projects, such as Yamal LNG and Arctic LNG-2,
Yakutia is thought to contain trillions of cubic both operated by Novatek. ™

Week 04 26•January•2022 www. NEWSBASE .com P7