Agreement for The Long-Term Supply of LNG

PAO NOVATEK (NOVATEK) announced that as part of the Saint-Petersburg International Economic Forum, its wholly owned subsidiary, NOVATEK Gas & Power Asia Pte. Ltd., and Zhejiang Energy Gas Group Co., Ltd, a subsidiary of the Zhejiang Provincial Energy Group (Zhejiang Energy) signed a Heads of Agreement for the long-term supply of LNG from the Arctic LNG 2 project, reports lngindustry.

Key Commercial Terms

The agreement builds on the MoU signed by the parties in October 2019 and establishes the...

https://mfame.guru/agreement-for-the-long-term-supply-of-lng/

NOVATEK Completes Russia’s First Ship-To-Ship LNG Transshipment In Murmansk Region

Novatek LNG STS bunkering

PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that NOVATEK-Western Arctic, a wholly-owned subsidiary, completed Russia’s first ship-to-ship LNG transshipment in the Kildin Strait of the Barents Sea. The Arc7 ice-class LNG tanker “Nikolay Yevgenov” successfully reloaded an LNG cargo delivered from the Yamal LNG facility at Sabetta to the conventional tanker “Yamal Spirit”.

The ship-to-ship transfer was conducted at a temporary LNG Offshore Transshipment Complex in the Murmansk region...

https://www.marineinsight.com/shipping-news/novatek-completes-russias-first-ship-to-ship-lng-transshipment-in-murmansk-region/

MOL Signs Charter Contract For Three Ice-Breaking LNGC For Arctic LNG 2 Project In Russia

MOL-signs-Charter-Contract-for-Three-Ice-Breaking-LNG-Carriers-for-Arctic-LNG-2-Project-in-Russia

Mitsui O.S.K. Lines, Ltd. (MOL), announced that charter agreements were signed for three icebreaking liquefied natural gas (LNG) carriers with LLC ARCTIC LNG 2, the largest shareholder of which is PAO NOVATEK, through a wholly-owned subsidiary of MOL on October 28. The three vessels will be built by Daewoo Shipbuilding & Marine Engineering Co., Ltd and are scheduled for delivery in 2023.

The vessels will mainly transport LNG from an LNG loading terminal on the Gydan Peninsula in the Russian...

https://www.marineinsight.com/shipping-news/mol-signs-charter-contract-for-three-ice-breaking-lngc-for-arctic-lng-2-project-in-russia/

Novated JV Arctic LNG 2 Enters Long-Term Charter Agreements For 14 Arc7 Ice-Class LNG Tankers

Novatek_SCF_LNG

PAO NOVATEK announced that its joint venture Arctic LNG 2 (“Arctic LNG 2” and/or the “Project”) entered into long-term charter agreements on 14 Arc7 ice-class LNG tankers with SMART LNG (a joint venture between NOVATEK and PAO Sovcomflot), with the construction of the LNG tankers to be built at the Zvezda Shipbuilding Complex.

The signing of the charter agreements allowed SMART LNG to conclude the corresponding contracts with the VEB.RF Group and Zvezda Shipbuilding Complex LLC for the...

https://www.marineinsight.com/shipping-news/novated-jv-arctic-lng-2-enters-long-term-charter-agreements-for-14-arc7-ice-class-lng-tankers/

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