The contract, which is scheduled for completion in 2011, has been awarded by Giprospetsgas JSC, the project general designer.

The sea port is part of the Shtokman Gas-Condensate Field Development project developed by Gazprom Dobycha Shelf, a subsidiary of Gazprom JSC.

The Shtokman project consists of the production, treatment, transportation, liquefaction, storage and shipping of natural gas and natural gas liquids from the Shtokman field located 600km offshore in the Barents Sea, north of Kola Peninsula, Russia.

The project scope includes concept and FEED development of the LNG storage and loading facility, including multiple 160,000 cubic meter full containment LNG storage tanks and the associated process piping and loading facilities.

The concept and FEED development will provide the cost estimates for the engineering, procurement and construction phase.