Novatek is set to order up to 42 new ice-hardened LNG carriers
The cost of the ships, some to be built in Russia's Zvezda shipyard and some to be purchased from abroad, will total $12 billion.
With the opening of Novatek’s newest and largest Arctic natural gas project, Arctic LNG 2, just three years away, Novatek’s Chairman of the Board Leonid Mikhelson laid out plans to procure up to 42 specialized Arc7 LNG carriers. Earlier this month the company requested an exemption from the requirement to contract with the domestic Zvezda shipyard for all vessels, due to growing concerns about the timely delivery of the vessels.
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