The United Shipbuilding Corporation is to build at least four Arctic-class LNG carriers for the Pechora liquefied natural gas project in northern Russia, said the project’s developer, the Alltech group.
“We are in talks with Russia’s United Shipbuilding Corporation and we have signed several preliminary agreements on the issue,” Alltech president Dmitry Bosov said. “We are talking about four ships with a deadweight of about 170,000 tons each.”
The Pechora project includes development of the Kumzhinskoye and Korovinskoye fields in the Nenetsk autonomous district, with construction of an LNG production plant, a gas treatment plant and logistics infrastructure.
According to Alltech, the LNG plant will be launched in the fourth quarter of 2018 if the design phase goes ahead in the first quarter of 2013.
Capital investment in the project is estimated at $4.5 billion-$ 12 billion depending on output, which could range from 2.6 million to 8 million tons per year.