Index of Content

14th June 2004



Cannonway Lands Major Project in Russia



Leading Hong Kong construction consultancy, Cannonway Consultants Ltd., has been appointed to provide quantity surveying services to a large-scale international petrochemical project in Sakhalin Island, Russia.

The Sakhalin II project is valued at US$10 billion and is the first LNG project in Russia. It has the world’s largest reserves of natural gas, enough to support the current global demand for LNG for four years.

The contractor is a joint venture, comprising two leading Japanese engineering companies, as well as two major Russian companies.

Cannonway is providing quantity surveying and contracts administration services for this major project, which involves the construction and a liquefied natural gas plant on a 490 hectare site, and this part of the project is valued at US$2billion. Its annual production capacity will be 9.6 million tones of LNG, and is expected to be in operation by 2007.

Please do not hesitate to contact us on Tel: 2529 1117, Fax : 2866 2725, or E-mail : cannon@cannonway.com for further details.



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