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Fluxys Terminal to Tranship LNG for Yamal

Posted by April 4, 2014

Yamal LNG, a Russian project to produce liquefied natural gas (LNGLF) from 2017, has chosen Fluxys' terminal in Zeebrugge, Belgium, as the transhipping point for gas from the peninsula in northern Russia.

Russia's Novatek (NVTK.ME) holds 60 percent in Yamal LNG, while France's Total and China's CNPC own 20 percent each.

"Fluxys will now carry out all technical, permitting and regulatory processes with a view to provide LNG transshipment services," Yamal LNG said.

(Reporting by Vladimir Soldatkin; Editing by Steve Gutterman)

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