NOVATEK can save 100 million dollars on the project «Yamal LNG»
11:25 17 ноября 2014
Категории: News in English
The government of Russia intends to set NOVATEK free from paying of the value added tax when importing foreign equipment for the project «Yamal LNG».
The corresponding project of the decree has been already prepared. It includes the list of technological equipment necessary for the plant in Sabetta.
The production complex being created for «Yamal LNG» is unique by its complexity, as it is being built in severe climate conditions, and advanced technologies in the sphere of energy machine building are used for its fulfillment, as it is said in the project of the governmental decree.
The cost of the equipment being purchased for the project «Yamal LNG» abroad makes about 5 milliard dollars. In this case, pure saving of the company because of cancelling of the value added tax will make more than 100 million dollars, as IA «RosBusinessConsulting» informs.
As we should remind, «Yamal LNG» foresees building of the plant on production of liquefied natural gas with capacity 16 million and 500 thousand tons per year on resource base of the South-Tambey field. Proved and probable reserves of the field make 907 milliard cubic meters of gas. The project foresees creation of transport infrastructure: the airport and the sea port in the district of the settlement Sabetta.