Zvezda starts work on Sovcomflot’s LNG-powered product tanker

Russian Zvezda shipyard has started building the first out of three LNG-powered MR-class product tankers for compatriot shipping firm Sovcmoflot.

The yard held a keel laying ceremony for the vessel on Friday, according to a statement by state-owned Rosneft.

The 51,000-dwt ice-class vessels will serve independent LNG producer Novatek under long-term charter deals signed in December 2018.

They will transport petroleum products and gas condensate in areas with challenging ice conditions, including the Baltic Sea.

Zvezda has already twelve Sovcomflot Aframax tankers on order out of which five are under construction.

Rosneft’s unit Rosnefteflot will use these five tankers for crude oil transportation.

These are first Russian-builit Aframax tankers and they will all feature LNG propulsion.

The Zvezda shipyard is a large shipbuilding complex located in the town of Bolshoy Kamen in the Russian Far East.

It is a run by a consortium consisting of Rosneftegaz, Rosneft, and Gazprombank.

Most Popular

Golar buys conversion vessel for fourth FLNG

Floating LNG player Golar has agreed to acquire the LNG carrier Grace Dahlia from Japan's NYK Line to convert it into a floating LNG production unit.

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.

Cove Point LNG to resume operations after maintenance

Berkshire Hathaway’s unit BHE GT&S is expected to restart its Cove Point LNG export plant in Maryland soon following planned annual maintenance.

More News Like This

PV Gas in LNG supply talks with Novatek

Petrovietnam Gas, a unit of state-owned Petrovietnam, is in talks with Russian producer Novatek to buy liquefied natural gas (LNG) from the latter as part of its plans to diversify its LNG supply sources.

Russian LNG production up 13.7 percent in January-August

Russian liquefied natural gas (LNG) production rose 13.7 percent in January-August this year, according to the Russian statistics agency Rosstat.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.

Zvezda nears delivery of third Russian-built ice-class LNG carrier

Russian Zvezda yard is nearing the delivery of the second Russian-built ice-class liquefied natural gas (LNG) carrier.