Russian Joint Venture Orders 10 LNG Carriers for Arctic LNG 2 Project
A joint endeavor including Russian companies SCF Group as well as NOVATEK has actually positioned an order for 10 icebreaking LNG providers to sustain the Arctic LNG 2 task along the Northern Sea Route.
In complete, agreements have actually currently been authorized for 15 Arc7 LNG providers to sustain the task, consisting of shipbuilding, funding, lease, as well as time charter agreements.
For the current 10 vessels, agreements have actually been authorized with Zvezda Shipbuilding Complex to build the vessels with funding from VEB.RFGroup The vessels will certainly all be run under the Russian flag.
SCG Group as well as NOVATEK created the WISE LNG joint endeavor in September 2019 to have as well as run a fleet of LNG providers offering the Arctic LNG 2 task. The task consists of the building and construction of 3 LNG trains with an integrated capability 19.8 million tonnes annually of steady gas condensate. Natural gas will certainly generated from the Utrenneye area, situated throughout the Ob Bay from the Yamal LNG task.
“Shipbuilding and time charter contracts for 15 Arc7 LNG carriers, signed between 2019-2020, enable the Russian shipping community to play a role in transporting cargoes of strategic importance for the Russian economy, which are generated by large-scale energy projects in the Russian Arctic,” claimed Igor Tonkovidov, President as well as Chief Executive Officer of SCF Group.
“These contracts will also help to further develop our national expertise in ice navigation and create over 850 new jobs for Russian seafarers, as all the 15 vessels will have Russian crews. We are pleased to see that this new generation of Arctic LNG carriers, which will contribute significantly to growing the cargo traffic along the Northern Sea Route, was designed based on SCF’s long-standing experience of safely operating vessels in ice conditions. Equally significant is the fact that the cooperation between SCF, NOVATEK, VEB.RF Group and Russian shipbuilders paves the way for establishing the domestic production of LNG carriers, which entails adopting advanced technologies and engineering solutions,” Tonkovidov included.