GAC Russia, a unit of the Dubai-headquartered GAC Group, has won a contract by the Novatek-operated Yamal LNG export project in Russia.
Yamal LNG has appointed GAC Russia to manage its fleet of ice-breaker tankers at Sabetta port where the liquefaction facility is located for the next three years.
The project is a joint venture between Novatek, the operator with a 50.1 percent stake, China’s CNPC and Total of France with a 20 percent stake, each and China’s Silk Road Fund with a 9.9 percent stake. |
