HMS Group is to manufacture a gas compression system for NOVATEK’s LNG project

Kazancompressormash (HMS Group) has signed a contract with NOVATEK for the design, manufacture and complete supply of a main 25 MW gas compression system (GPA). The equipment is intended for the construction project of a complex for gas production, treatment, and liquefaction as well as shipment of LNG and gas condensate from the Yuzhno-Tambeyskoye gas condensate field (Tyumen Region, Sabetta Village). Both the main and auxiliary equipment of the unit will be designed and manufactured in accordance with API standards.

The project’s feature is the application of a new natural gas liquefaction technology ― the Arctic Cascade patented by NOVATEK in March 2018. It is characterized by high energy efficiency taking maximum advantage of the Arctic climate and designed to use the equipment made in Russia in order to reduce capital costs and improve the engineering base for the LNG projects in Russia.

HMS Group is one of the leading pump, compressor and modular oil-field equipment manufacturers for the oil and gas, energy, housing and public utilities, and water utilities sectors in Russia and the CIS as well as a fast developing engineering company performing a wide range of design, construction, installation and commissioning works for integrated development of oil and gas extraction, and water facilities. HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.

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