Signing of special investment contract for construction of Kola Yard expected in early 2018
Signing of special investment contract with NOVATEK for construction of Kola Yard is expected in early 2018, IAA PortNews correspondent cites Olga Kuznetsova, Murmansk Region Minister for Industry and Entrepreneurship Development, as saying at the VII International Forum “Arctic: Today and the Future”.
Kolskaya Verf (Kola Yard LLC, subsidiary of NOVATEK) earlier embarked on implementation of the project on creation of a center for construction of large capacity offshore facilities at Belokamenka settlement. The center will cover the territory of more than 150 hectares and will feature production facilities for manufacturing of metal structures and processing line modules; two dry docks, unique in their size; a rotational camp. Total value of the project, according to updated information of the company, will make RUB 50 bln. This ambitious project, with its scope of investments and generation of at least 6,500 jobs, has been given the status of a strategic investment project of the Murmansk Region.
Kola Yard will build state-of-the-art offshore facilities - reinforced concrete gravity based structures (GBS) for LNG plants. It will also repair and service offshore facilities and equipment used for the development of offshore gas and condensate fields.
GlavGosEkspertiza (Russia’s General Board of State Expert Review) has recently approved the Kola Yard project.
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Russia’s General Board of State Expert Review approves Kola Yard project (photo) >>>>
