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Two Russian companies to build 13 LNG carrying ships for Gazprom

June 21, 2013, 13:45 UTC+3
The LNG carriers will service the Far-Eastern hydrocarbon projects, Sakhalin 2 and Vladivostok SPG
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St PETERSBURG, June 21 (Itar-Tass) - Russian company Sovcomflot and the United Shipbuilding Corporation /OSK/ will pool efforts to build thirteen liquid natural gas carriers in cooperation with the major producer and exporter of natural gas, OAO Gazprom.

The LNG carriers will service the Far-Eastern hydrocarbon projects, Sakhalin 2 and Vladivostok SPG.

Friday, Sovcomflot and the OSK signed an agreement on reserving slots for the placement of orders for the thirteen LNG carriers. Simultaneously, Sovcomflot and Gazprom Marketing & Trading signed a memorandum of mutual understanding that envisions an order for construction and further leasing of up to thirteen LNG carrying ships of the Gaz Ice family.

The document envisions a gradual concentration of all the shipbuilding efforts on the OSK shipyards, which are supposed to start building the ships of this type by 2018. The first Russian LNG carrier will likely be built before 2020.

The new ships will be hauling liquefied gas from the Russian LNG terminals in the Far East and in the Arctic area. It is expected, in part, that they will operate in the offshore areas where production facilities of the Sakhalin-2 and Vladivostok-SPG projects area located.

Both projects are being implemented by Gazprom.

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