Sovcomflot Inks Financing and Time-charter Agreements for Arctic LNG 2 Project


SCF Group has announced that it has signed agreements for icebreaking LNG carriers, reports LNG Industry.

What is in the agreement?

SCF Group has signed an agreement with VEB.RF Group, a Russian financial institution, for lease financing of the lead ship in a series of icebreaking LNG carriers expected to be built to serve the Arctic LNG 2 project.

At the same time, SCF Group claims that it signed a long-term time charter agreement with NOVATEK Group for this tanker.

About the vessel

According to the statement, the vessel will be constructed at Zvezda Shipbuilding Complex in the Russian Far East. 

It is designed for year-round operations in the challenging ice conditions of the Kara Sea and the Gulf of Ob, and will be capable of sailing independently through ice over 2 m thick.

All under Russian flag

SCF Group claims that all LNG carriers in the new series will be operated under the Russian flag. 

The Russian Maritime Register of Shipping (RS) will provide technical supervision during the construction of the vessel series.

Did you subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source: LNG Industry


This site uses Akismet to reduce spam. Learn how your comment data is processed.