Zvezda kicks off work on second Arctic LNG 2 vessel

Russian Zvezda yard has started building the second ice-class ARC7 carrier that will serve the Novatek-operated Arctic LNG 2 project.

To mark the construction start, the yard held a steel cutting ceremony on January 19.

This is the second carrier out of fifteen vessels ordered at Zvezda.

To remind, Zvezda started building the first vessel in November last year. Russia’s largest shipping firm Sovcomflot ordered this vessel directly at the compatriot yard.

Novatek, Sovcomflot and VEB.RF finalized the construction and charter deals for the other 14 vessels with Zvezda in September last year.

Additionally, Arctic LNG 2 entered into a charter deal for the vessels with SMART LNG, a venture consisting of Novatek and Sovcomflot.

Each vessel will have capacity of more than 172,000 cubic metres. They will be 300 metres long and over 48 metres wide.

The construction of these carriers will ensure year-round transport of LNG along the Northern Sea Route to the Asia-Pacific region.

Moreover, it will also provide an important stimulus to develop the Russian shipbuilding industry.

Located on the Gydan peninsula, Arctic LNG 2 includes the construction of three trains with a capacity of 6.6 mtpa, each, using gravity-based structure platforms.

Novatek expects to launch the first LNG train in 2023, with trains 2 and 3 to follow in 2024 and 2026, respectively.

Besides operator Novatek, the project partners include Total, CNPC, CNOOC, and the consortium of Mitsui and JOGMEC.

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