Offshore Energy
  • news
  • test
JobsNewsletter
Offshore Energy logo
Topics
  • News
  • Contracts & Tenders
  • Authorities & Government
  • Automation
  • Business & Finance
Network
  • Dredging Today
  • NavalToday
  • Offshore Energy
  • Offshore Wind
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs

© 2026 Navingo. All rights reserved.

Home›News›Arctic LNG 2 fleet costs to hit $4.5 bln
News

September 3, 2019 · about 7 years ago

Arctic LNG 2 fleet costs to hit $4.5 bln

The fleet of Arctic liquefied natural gas carriers planned to ferry the chilled fuel from Novatek’s Arctic LNG 2 project is expected to cost around $4.5 billion.

2 minutes read
  • LinkedIn
  • X
  • Email

The fleet of Arctic liquefied natural gas carriers planned to ferry the chilled fuel from Novatek’s Arctic LNG 2 project is expected to cost around $4.5 billion.

During the meeting of the state-owned VEB.RF Bank supervisory board it was noted that the fleet will consist of 15 tankers set to be built at the Russian Zvezda shipyard. The vessels will carry out navigation along the Northern Sea Route.

In a notice by the Russian government, it was noted the financing of the fleet has been discussed during the meeting with costs estimated at 300 billion Russian rubles ($4.5 billion). VEB’s project partners are Russia’s largest shipping company Sovcomflot and the Arctic LNG 2 project developer Novatek.

Zvezda Shipbuilding Complex has already scored a construction contract with Sovcomflot for a pilot LNG carrier for the Arctic LNG 2 project.

The pilot gas carrier for Arctic LNG-2 will comply with the technical requirements for the Christophe de Margerie LNG carrier ordered by Sovcomflot for Novatek’s Yamal LNG project in 2013 in South Korea.

To remind Christophe de Margerie is an Arc7 ice-class carrier able to navigate in ice fields of up to 2.1 meters thick as its bow and stern are covered with 70 millimeters of steel plates capable of withstanding temperatures of -52°C. It has the capacity to transport up to 172,600 cubic meters of LNG.

The shipbuilder said the delivery of the vessel is scheduled for the first quarter of 2023.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

News

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters
  2. 2Odfjell Drilling’s rig remaining with Norwegian oil & gas operator for another year
  3. 3Karoon boosts Brazilian field’s oil output with all wells now online
  4. 4TotalEnergies offloading Mexican shallow water block to Grupo Carso

Related articles

€90M loan for Port of Rotterdam’s shore power development
News

€90M loan for Port of Rotterdam’s shore power development

about 4 months ago

QatarEnergy: Missile attacks spur $20 billion loss with drop in LNG exports
News

QatarEnergy: Missile attacks spur $20 billion loss with drop in LNG exports

about 4 months ago

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free

Related news

€90M loan for Port of Rotterdam’s shore power development
News

€90M loan for Port of Rotterdam’s shore power development

about 4 months ago
QatarEnergy: Missile attacks spur $20 billion loss with drop in LNG exports
News

QatarEnergy: Missile attacks spur $20 billion loss with drop in LNG exports

about 4 months ago