Russia’s Zvezda lays keel for first Arctic LNG 2 vessel

Russian Zvezda shipyard has held a keel-laying ceremony for the first out of fifteen ice-class Arc7 carriers that will serve Novatek’s Arctic LNG 2 export project.

Russia’s largest shipping firm Sovcomflot has ordered this vessel directly at Zvezda while it owns the other 14 vessels together with Novatek as part of the SMART LNG joint venture.

Following delivery in 2023-2025, all of these 172,000-cbm vessels will operate under long-term time-charter contracts with Arctic LNG 2.

Russia’s Zvezda lays keel for first Arctic LNG 2 vessel
At the keel-laying ceremony held on June 15 (Image: Sovcomflot)

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

The Arctic 2 project located on the Gydan peninsula includes the construction of three LNG 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 2025, respectively.

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

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.

Equinor says Hammerfest LNG upgrade costs climb further

Costs for Equinor’s Snohvit Future project, which includes upgrading the 4.3 mtpa Hammerfest LNG export facility on Melkoya Island in Norway, have increased further from the original estimates.

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.