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More LNG tankers for Russian Arctic

LNG tanker in the Arctic (photo: sovcomflot.ru)

Russia’s biggest shipping company Sovcomflot has signed agreements on the construction and leasing of LNG tankers both for the Yamal Peninsula and the Shtokman project.

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During the Sankt Petersburg Economic Forum last week, Sovcomflot signed agreements with both Gazprom and the Vneshekonombank on LNG tankers for the Arctic.

The agreement with Gazprom subsidiary Gazprom Global LNG Limited includes the lease of two top moder vessels type Atlanticmax over a 15 year period. The vessels which have a total capacity of 170,000 cubic meters will serve the Sakhalin-2 project and later the Shtokman project, Gazprom informs in a press release.

Read also: Shtokman start-up might be delayed

The agreement with Vneshekonombank includes cooperation on the construction and subsequent use of both LNG tankers and service ships for the Yamal LNG project, a press release reads.

Read also: Total strikes deal on Yamal LNG