GAC Russia Inks Yamal LNG Ship Agency Deal

Image Courtesy: GAC

GAC Russia has won a contract to manage Yamal LNG’s fleet of icebreaker tankers at Sabetta port for the next three years.

Under the agreement, GAC Russia will handle an estimated 400 port calls every year — 200 in Sabetta and an additional 200 globally.

GAC said that the annoucement comes after the management of last spring’s ice trials for the Christophe De Margerie, a new tanker able to transport LNG unaided year-round.

Sabetta presents a challenge to conventional LNG transportation, as the sea is frozen for up to nine months of the year and temperatures can drop as low as -50°C. The 300-meter-long Christophe De Margerie has a capacity of 172,600 cubic meters and is equipped to operate without the assistance of icebreakers to ensure that Yamal LNG continues exports to European and Asian destinations.

Over the coming two years, the remaining newbuilds of 15 LNG icebreakers will gradually be commissioned.

Yamal LNG is owned and operated by a partnership comprised of Novatek, Total, CNPC and the Silk Road Fund. It aims to tap natural gas reserves totaling more than 4 billion barrels of oil equivalent (BOE).

Each year, nearly 16.5 million metric tons of LNG will transit through the port of Sabetta, destined for Europe and Asia under contracts ranging from 15 to 20 years.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Feb 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 1 2 3 4

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Shippax Ferry Conference 2018

The two-day onboard ferry conference was first organized in 2003 and grows ever more popular with some 400 delegates from over 40 ferry…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >