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Sovcomflot LNG Tankers and Gas

Novatek and Sovcomflot announce joint shipping venture

The two Russian companies will transport liquefied natural gas from Novatek’s new projects and will focus on managing the construction and operation of Arctic ice-class LNG carriers. Novatek also signs a memorandum of understanding to supply LNG to the Indian market on a long-term basis

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The recent joint ventures will help achieve the goal set by the Russian president to ensure an increase in annual cargo traffic along the northern sea route to 80m tonnes in 2024, says Novatek chairman Leonid Mikhelson

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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