NOVATEK creates shipping joint venture with Sovcomflot
Topics: NOVATEK SOVCOMFLOT SHIPPING
According to the Agreement, the Parties intend to create a shipping company, with the potential involvement of other joint venture participants.
The joint venture will focus on managing the construction and operations of Arctic ice-class LNG carriers in accordance with best industry practices and international standards, ensuring the optimized transportation from NOVATEK’s future LNG projects in the Russian Arctic region, including the Arctic LNG 2 project. ■