Tag: Yamal LNG

Russian gas producer Novatek announced that Yamal LNG has started producing LNG at the first LNG train, with a capacity of 5.5 million tons per annum. The first cargo loading is scheduled on 8 December 2017 at the Sabetta port, using the first Arc7 ice-class LNG tanker named the “Christophe de Margerie”.

Northern Sea Route has driven shipping cargo traffic in the Arctic this year, with large Russian as well as foreign ship owners using the route. Interim results for 2017 show that the Northern Sea Route navigation is generally successful, with cargo traffic totaling 7,925,861 tonnes and recording an 8.3% growth as of 1 November.

During a meeting that Vladimir Putin held, the Russian President touched upon the issue of the development, construction and the further development of the shipbuilding complex Zvezda, located on the Northern Sea Route.

The construction of a series of Arctic LNG carriers sees progress, as in November, two more gas carriers were delivered for Novatek-operated Yamal LNG project and the keel of a new gas carrier was laid, the Russian Maritime Register of Shipping informed.

Mitsui O.S.K. Lines, Ltd. confirmed that China COSCO Shipping Corporation Limited will take an equity stake in the MOL wholly owned subsidiary that will own four LNG carriers serving the Russia Yamal LNG project.

Novatek announced the signing of two agreements with China Development Bank and with the Chinese National Petroleum Company, regarding cooperation on the “Arctic LNG 2” project.

Yamal LNG is planned to ship its first two cargoes of Liquefied Natural Gas from the Russian port of Sabetta in November. However, Novatek and Total, the project's main developers, have not yet confirmed the destinations of the shipments.

Yamal LNG announced that the first Arc7 ice-class LNG tanker “Christophe de Margerie” has entered the Kara Sea and has started its first LNG cargo voyage through the Northern Sea Route. The subleased tanker will go through the NSR without the escort of icebreakers and will deliver LNG from Norway to South Korea in 15 days.

After loading its cargo at the Snøhvit LNG export terminal in Norway, the first ice-breaking LNG tanker, Christophe de Margerie, is taking the Northern Sea Route to Boryeong in South Korea, where it will deliver a cargo for Total Gas & Power, the company informed.

Mitsui O.S.K. Lines announced the sign of a long-term charter contract for four LNG carriers with the tank capacity of 174,000m3, which will be delivered and serve on Yamal LNG project in 2019 and 2020 onwards, through a wholly-owned subsidiary of MOL.