Russia continues to buy LNG tankers abroad

3

The largest shipping company in Russia, PJSC Sovcomflot (SCF - Modern Commercial Fleet) is becoming the main partner of PJSC Novatek in the export of liquefied natural gas from projects in the Arctic. This is reported by the edition Kommersantreferring to their sources.

Until the end of September, Sovcomflot and Novatek may conclude a contract for four Arc4 ice-class LNG carriers (LNG tankers). The construction of these vessels will be carried out at the Samsung Heavy Industries (SHI) shipyard in South Korea. The delivery of the first LNG carrier is to take place in 2023. The ship will be owned by Sovcomflot.



The cost of the contract is unknown, but earlier Sovcomflot announced that it would build two Arc4 gas tankers for Total, a shareholder of Arctic LNG-2, for $ 182,6 million per unit. At the same time, Arc7-class gas tankers for Novatek at the DSME shipyard cost $ 283 million per unit.

In addition, according to Tradewinds, the aforementioned contract between Sovcomflot and Novatek may contain an option for two more gas tankers. Moreover, an order for their construction can be placed for insurance at the Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME) shipyard in South Korea, which has already built Arc7 ice-class gas tankers for Arctic projects. This indicates that Russia continues to purchase LNG tankers from abroad.

The aforementioned gas carriers will be used to transport raw materials from the transshipment complexes currently under construction in the Murmansk region (terminals in the port of Murmansk) and the Kamchatka Territory (in the Bechevinka Bay), which are planned to be commissioned in early 2023. Novatek expects to reduce the transportation distance and reduce the number of Arc7 ice-class LNG carriers, which are more expensive to operate than Arc4 vessels. The complexes in Murmansk and Kamchatka will handle gas from the Yamal LNG and Arctic LNG-2 projects. Arc7 will deliver LNG to transshipment facilities all year round, and Arc4 will transport raw materials to consumers in Europe and Asia.

Sovcomflot will become the largest carrier. Previously, the company ordered the construction of one Arc7-class LNG carrier at Zvezda SSK (Primorsky Krai), 3 at DSME and 14 as part of a JV with Novatek - Smart LNG (construction at Zvezda SSK).
3 comments
Information
Dear reader, to leave comments on the publication, you must sign in.
  1. Kofesan
    Kofesan
    -3
    5 September 2021 11: 08
    If there was an opportunity, they would buy hundreds at once ... And there is a simple explanation for this. Russia (under contracts) still sells gas to Europe at $ 240 per 1000 cubic meters. Europe warms both hands and feet very well on our gas. Prices have long gone for $ 600-640. And GAZPROM continues to "sponsor" "super reliable buyers". Already climbs for Gas in the Arctic, but continues to play in the "super reliable supplier".
    Despite the assurances that they are now "very well." And so "good" has not been for a long time. And ... continues to conclude contracts according to the same formula. At the same time, he was ransacking in search of uncontracted gas carriers. Even a couple.

    EFFECTIVE MANAGERS, too, want a DAY. Where can I get them? Only in the LNG market.

    Finally, realizing that Russia will not give Kiev any SP-2, or fields in Siberia and Arkitika, and not even a single well, the most run-down on Yamal (completely Russian "oborzels") ... She fussed and ...
    Ukraine and ... at the same time realized that the main one "suffered" - it was they. 600 bucks for LNG.? Tankers from Poland. Which suddenly became not enough for everyone ...

    In a word, there is a rush on the gas carrier market now ...
  2. Dmitry S.
    Dmitry S.
    0
    5 September 2021 12: 08
    South Korea, which has already built Arc7 ice-class LNG carriers for Arctic projects

    if our shipyards could offer an analogue or better, but at the same price, then there would be no questions. We have what we have.
  3. Ulysses
    Ulysses
    -1
    6 September 2021 15: 13
    Our shipyards are inundated with orders.
    The Koreans have perfectly mastered the assembly of large-tonnage ships.
    I see no cause for concern.