GTT wins Zvezda order for five Arc7 LNG carriers

France’s GTT has secured an order from Russia’s Zvezda shipyard for the tank design of five ARC7 ice-breaking LNG carriers.

The LNG containment specialist said Zvezda awarded the deal at the end of June on behalf of a Russian shipowner.

This represents the first order following the technical assistance and license deal between the duo.

These 172,600-cbm vessels will be able to navigate in ice-covered waters and will serve Novatek’s projects in the Arctic, GTT said.

All of the vessels will feature GTT’s Mark III membrane containment system.

GTT added that delivery of the vessels is scheduled between the first and the fourth quarter of 2023.

The shipowner behind the order is Sovcomflot that formed a shipping venture with Novatek last year to focus on Arctic LNG carriers.

The Russian shipping giant also ordered a pilot LNG carrier for Novatek’s Arctic LNG 2 project at Zvezda earlier in 2019.

It inked financing deals with Russian financial institution VEB.RF Group for the LNG vessel.

Earlier this year, the Sovcomflot-Novatek venture also secured funds from VEB.RF for four additional Arc7 LNG carriers.

All of these vessels will serve Novatek’s Arctic LNG 2 project, but also Yamal LNG and other planned projects.

The Arctic 2 project located on the Gydan peninsula includes the construction of three LNG trains.

The trains will have a capacity of 6.6 mtpa, each, using gravity-based structure platforms.

Novatek recently said that the project is about 19 percent complete, with concrete casting of the first GBS platform about 37 percent complete.

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

Most Popular

Delfin inks new deals for US FLNG project, eyes FID later this year

Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana, is moving forward with the project by signing new deals with Siemens Energy, Samsung Heavy, and Black & Veatch.

Venture Global’s Calcasieu Pass LNG gets credit rating boost

Venture Global’s first LNG export facility, Calcasieu Pass, had its credit rating upgraded following the launch of commercial operations in April.

Shell ships first LNG Canada cargo

LNG giant Shell and its partners have shipped the first cargo produced at the LNG Canada facility in Kitimat, on the west coast of Canada.

More News Like This

GTT clinches tank gig for Capital’s LNG-powered containerships

French LNG containment giant GTT has secured a tank design order for six Capital's LNG-fueled container vessels.

Russian LNG production drops in May

Russian liquefied natural gas (LNG) production continued to decrease in May compared to last year, according to the Russian statistics agency Rosstat.

Russia’s Novatek in LNG truck move

Russian LNG producer Novatek and compatriot National Carrier (NATCAR) are joining fores to develop the market for LNG as fuel for trucks.

Samsung Heavy cancels LNG carrier contract with Russia’s Zvezda

South Korean shipbuilding giant Samsung Heavy Industries has terminated contracts for 10 ice-class Arc7 LNG carriers and seven shuttle tankers with Russia's Zvezda.