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.
Daewoo Shipbuilding & Marine Engineering announced that the world’s first ice class LNG carrier, Christophe de Margerie, finished its ice trials in the Arctic Ocean. During the commissioning phase, the ship was tested for its ice breaking ability of proceeding through ice of 2.1 m thick.
As part of the 20th International Economic Forum in Saint Petersburg, PAO Sovcomflot (“SCF Group”) and VTB Bank signed a USD 260 million 13-year loan agreement. The signatories were Sergey Frank, President and CEO of PAO Sovcomflot, and Andrey Kostin, President and Chairman of the Management Board of VTB Bank.
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