Russia: Sovcomflot, NOVATEK and VEB to Cooperate in Yamal LNG Project

At the Saint-Petersburg International Economic Forum, Sovcomflot – Russia’s largest shipping company, OAO Novatek – the leading independent natural gas producer, and the state corporation “Bank for Development and Foreign Economic Affairs” (Vnesheconombank) signed a memorandum on cooperation as part of the Yamal LNG project, providing for the construction of two gas-carriers for the Yamal LNG project.

According to the document, Vnesheconombank is to look into the possibility of financing the construction of two ‘pilot’ liquefied natural gas carriers for the Yamal LNG project. Sovcomflot has confirmed its interest in operating the new vessels as a bareboat charterer and technical manager.

The LNG carriers are due to be built at one of the world’s leading shipyards, following a tender process. The agreement provides for the participation of Russian shipbuilders in the project, including the transfer of LNG tanker construction technology to Russia, as well as the organisation of training for Russian specialists at overseas shipyards and subsequent technical support in establishing gas carrier production in Russia.

Sovcomflot specialists will participate in the final approval of optimal technical, commercial and operational solutions.

The design of the 170,000m³ capacity gas carriers has been specially developed for the LNG Yamal project and is unique in its technical characteristics. A high ice class (Arc7) means the new vessels are well suited to the challenging climatic conditions of the Arctic. To ensure uninterrupted operations, the gas carriers will be fitted with a diesel-electric propulsion system that includes three Azipods, each with an output of 15MW. At present, there are no other gas carriers in the world with an equivalent overall propulsion power.

Final delivery of the new vessels is due to take place in 2016. The agreement is a logical continuation of documents signed by Sovcomflot and VEB in 2011 as part of the Saint-Petersburg International Economic Forum. At that time, the companies signed a bilateral cooperation agreement providing for the development of joint proposals on the construction, acquisition and subsequent operation of a fleet for the Yamal LNG project. The implementation of this project has been approved and provided for by a comprehensive Russian government plan to develop liquefied natural gas production on the Yamal Peninsula.

 Sergey Frank, President of OAO Sovcomflot, said:

Providing LNG shipping in the challenging climatic conditions of the Arctic requires the mobilisation of significant resources – including advanced shipbuilding technologies and many years experience and expertise of captains and crews working on modern gas-carriers. At Sovcomflot we are confident that our long-standing experience of Arctic shipping and successfully implemented Arctic projects, for example Varandey and the Northern Sea route transit crossings, will ensure we cope successfully with the task of providing uninterrupted LNG transportation, in the challenging climatic conditions of the Yamal Peninsula.

SCF Group, June 21, 2013

 

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SNS2017 – The Southern North Sea Conference & Exhibition

EEEGR’s flagship Southern North Sea conference is the most important event for the energy sector in the East of England. Taking place over two days at the Norfolk Showground Arena in Norwich, SNS2017 will be the largest conference and exhibition EEEGR has ever delivered attracting upwards of 700 delegates from across the industry and supply chain.

Key industry players will gather at this event to discuss and debate issues, network to make new business contacts and re-establish relationships with existing clients.

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  • Generate fresh leads and meet new contacts in a time and cost-efficient way.
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SNS2017 – 2 March

Day two of the conference is dedicated to ScottishPower Renewables Supply Chain Event for the East Anglia ONE Wind Farm Project.

ScottishPower Renewables is in the process of finalising its major contracts for the East Anglia One project, and is delighted to announce that these contractors will be attending the ScottishPower Renewables Supply Chain Event at the Norfolk Showground Arena on 2 March 2017.

Occupying the second day of EEEGR’s SNS2017 Conference and Exhibition, the ScottishPower Renewables Supply Chain Event will allow their contractors to engage with businesses and stakeholders in the East of England and further afield as quickly as possible to outline the skills they require and the business opportunities to be created by the project.

Information will be provided on the current status of the project by ScottishPower Renewables Managing Director, Jonathan Cole, and East Anglia One Project Director, Charlie Jordan. There’ll also be information on the scope of works to be carried out, explanations of how to get involved and the opportunity to meet representatives from Seaway Heavy Lifting, Navantia, Lamprell, Harland & Wolff, Roadbridge, Van Oord, Prysmian, VBMS, Nexans, DeepOcean, Peel Ports Great Yarmouth, Siemens and ABPorts.

Up to seven additional suppliers will also be attending, to be confirmed shortly. Opportunities will range from civil and electrical contractors, vessel and ports support, to technicians and logistics.

ScottishPower Renewables is starting construction this year, with the first turbines to be installed by 2019 and the project fully operational during 2020.

Full-access pass holders will be able to take full advantage of the presentations whilst there are also free exhibition-only passes which will give holders the opportunity to network with representatives from these suppliers at their stands. Delegates MUST register prior to the event to be allowed admission. Upgrades of exhibition-only passes may be permissible on payment of the appropriate fee.

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