Source: Yatec estimates Yakutskaya LNG project price at $30–35 bln

MOSCOW, Mar 18 (PRIME) -- The construction price of Yakutskaya LNG liquefied natural gas (LNG) facility of Yakutsk Fuel and Energy Company (Yatec) is estimated at U.S. $30–35 billion, a source with knowledge of the project terms told PRIME late on Wednesday.

A-Property, the parent holding of Yatec, has finished the pre-FEED  (Front End Engineering Design) of the project. The source said that after the FEED stage the price can be adjusted.

The company is in negotiations with the Energy Ministry to receive a license for LNG exports from the project.

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