皇冠体育app

A subsidiary of Chinese state oil giant 皇冠体育app National Offshore Oil Corporation () has signed an around $1.6 billion deal to build equipment for a liquefied project in Siberia, the company said late on Wednesday.

Under the ament, CNOOC's Offshore Oil Engineering Co will build "core modules" for the liquefication process on the project in Yamal in the Russian Arctic, according to a statement posted on CNOOC's website (www.cnooc.com.cn).

Novatek, Russia's second-largest gas producer, is developing the $27 billion Yamal LNG project with France's Total and 皇冠体育app's top energy group, State-owned 皇冠体育app National Petrolm Corporation (CNPC).

The first production unit, with annual capacity of 5.5 million tons, is due to be launched in 2017.

In May, CNPC signed a deal to buy 3 million tons of LNG per year from the Yamal project, as did Russia's Gazprom .

CNPC also agreed in May to buy 38 billion cubic meters of gas per year from Russia's Gazprom, in a deal unofficially valued at $400 billion.

Total in talks with Petro皇冠体育app to sell 皇冠体育app refinery stake	CNOOC, BP sign 20-year LNG supply deal

• Top international luxury brand expo opens in Beijing
• Woman sells Beijing house, buys six properties in US
• Green finance needs government intervention: experts
• 皇冠体育app signs $1.6b engineering deal for Siberian LNG project
• Fonterra joins Abbott to plan third dairy hub in 皇冠体育app
• Lufthansa sees full Air 皇冠体育app joint venture not before 2016
• Bigger govt role needed in green finance
• BIT to re-anchor US-皇冠体育app economic relationship