Leonid Mikhelson, Chairman of the Management Board of PAO NOVATEK and Sergey Frank, General Director of PAO Sovcomflot signed a Strategic Cooperation Agreement on developing a strategic partnership to transport hydrocarbons (LNG and gas condensate) produced at Yamal LNG, Arctic LNG 2 and other Arctic projects of the Company.
“Our unique partnership with Sovcomflot will optimize our LNG transport model through the Arctic zone by efficiently and effectively using ice-class tankers” according to NOVATEK’s Chairman of Management Board Leonid Mikhelson. “To implement our long-term development strategy to produce more than 55 million tons of LNG by 2030, we need to establish an efficient Northern Sea Route shipping model. Combining our efforts with Sovcomflot, one of the global leaders in navigation in harsh ice conditions, will allow us to achieve maximum efficiency in managing our transportation costs”.
Energy Type Filters
Region Filters
Africa
- Angola
- Benin
- Botswana
- Cameroon
- Chad
- Comoros
- Congo DR
- Cote d'Ivoire
- Djibouti
- Equatorial Guinea
- Eritrea
- Ethiopia
- Gabon
- Gambia
- Ghana
- Guinea
- Guinea Bissau
- Kenya
- Liberia
- Madagascar
- Mali
- Mauritania
- Mozambique
- Namibia
- Niger
- Nigeria
- Republic of the Congo
- Sao Tome & PrÃncipe
- Senegal
- Seychelles
- Sierra Leone
- Somalia
- Somaliland
- South Africa
- South Sudan
- Sudan
- Tanzania
- Uganda
- Western Sahara
- Zambia
- Zanzibar
- Zimbabwe
Asia / Far East
Australasia
Central America
East Europe
Middle East
North America
Russia / FSU
South America
Category Filters
- Aberdeen Focus
- Acquisitions & Mergers
- AI News
- Analysis
- CapEx
- Carbon Capture and Storage
- Case Studies
- Clean Energy
- Commentary/Opinion
- Company Profile
- Company Results
- Contract Award
- Country Profile
- Decommissioning
- Deepwater
- Digitalization
- Discovery
- Diversity in Energy
- Education
- Energy History
- Energy Key Facts
- Energy People
- Energy Transition
- Events
- Farm-in
- Farm-in Opportunities
- Finance
- Geothermal
- Hydrogen
- Job Alert
- Key Facts
- Licensing/Auction News
- New Kid on the Block
- Next Generation
- North Sea Focus
- Noticeboard
- Obituary
- Outlook
- People on the Move
- Planned Operational Activity
- Products & Services
- Project Database
- Q&A
- Renewable Energy
- Seismic Acquisition
- Solar
- Subsea
- Technology
- Training
- University
- Video
- Webinar
- Wind Energy