Novatek charters Arctic LNG 2 fleet

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By Adnan Bajic Russia’s largest independent natural gas producer Novatek has signed long-term charter deals for 14 Arc7 ice-class tankers for its Arctic LNG 2 project.

Courtesy of Zvezda Shipbuilding Complex

The company noted in its statement on Monday it has signed deals with Smart LNG, a joint venture between Novatek and Sovcomflot. The tankers will be built at the Zvezda Shipbuilding Complex.

The signing of the charter agreements allowed Smart LNG to conclude the corresponding contracts with the VEB.RF Group and Zvezda Shipbuilding Complex for the construction and lease financing of these vessels, Novatek said.

In October 2019, the contracts for chartering, financing, and

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