On 28 October 2020, SCF Group (SCF) and Arctic LNG 2, the operator of the Arctic LNG 2 undertaking, concluded 30-year time constitution agreements for 3 new icebreaking LNG carriers (cargo capability of 172,410 cbm, ice class Arc7). These vessels had been ordered by SCF at Daewoo Shipbuilding & Marine Engineering (DSME, Republic of Korea) earlier in October 2020, following the tender held by the undertaking’s operator.
All three new vessels are scheduled for supply in 2023. They will fly the Russian flag and have Russian crews.
Igor Tonkovidov, President & CEO of SCF, commented:
“Strengthening SCF’s place in LNG delivery phase is amongst the priorities of our present long-term growth technique, which is geared toward rising extremely seen long-term, cyclically resistant and higher-margin infrastructure money flows. The complete contract backlog relating to those new time constitution agreements, over the 30-year constitution interval, is estimated at USD four.2 billion. This will enhance SCF’s complete contract backlog to roughly USD 24 billion. I wish to use this chance to thank our companions at NOVATEK, in addition to its subsidiaries working the Yamal LNG and the Arctic LNG 2 tasks, for his or her assist in implementing LNG tasks within the Russian Arctic, that are of serious significance for the Russian financial system, and I’m trying ahead to the subsequent stage of our shut collaboration.”
New LNG carriers are designed utilizing SCF’s in depth expertise of safely working Christophe de Margerie, the world’s first icebreaking LNG service, which has been serving the Yamal LNG undertaking since 2017. They will every characteristic a propulsion system comprising three Azipod models with a complete capability of 51 MW, which is similar to that of 50 Let Pobedy, a nuclear-powered icebreaker (55 MW), and is sort of 60 per cent greater than that of Lenin, the world’s first nuclear-powered icebreaker (32.four MW). This propulsion system is anticipated to supply new vessels with elevated pace and manoeuvrability when crusing in ice circumstances, in contrast with icebreaking LNG carriers of the earlier technology.
The supply of this new technology of icebreaking LNG carriers ought to contribute in direction of opening year-round navigation alongside the japanese sector of the Northern Sea Route.
At current, SCF has 15 gasoline carriers in operation and an extra 19 below development.
Sovcomflot (SCF Group) is among the world’s main vitality delivery corporations, specialising within the transportation of crude oil, petroleum merchandise, and liquefied gasoline, in addition to the servicing of offshore oil and gasoline manufacturing. As of 28 October 2020, the Group’s fleet contains 146 vessels with a complete deadweight of over 12.6 million tonnes, together with vessels owned by way of joint ventures. More than 80 vessels have an ice class.
SCF is concerned in servicing giant oil and gasoline tasks in Russia and all over the world: Sakhalin-1; Sakhalin-2; Varandey; Prirazlomnoye; Novy Port; Yamal LNG, and Tangguh (Indonesia). The Group is headquartered in St. Petersburg, with workplaces in Moscow, Novorossiysk, Murmansk, Vladivostok, Yuzhno-Sakhalinsk, London, Limassol, and Dubai.
(Source and picture: SCF – Christophe de Margerie Arctic LNG tanker)

The put up SCF GROUP CONCLUDES 30-YEAR TIME CHARTED AGREEMENT FOR THREE ICEBREAKING LNG CARRIERS appeared first on Energy Global News.

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