15 gas carriers for Arctic LNG 2 to cost RUB 300 billion – Dmitry Medvedev

15 gas carriers for Arctic LNG 2 project will cost RUB 300 billion, Prime Minister Dmitry Medvedev said at the meeting held by the Supervisory Board of the State Development Corporation VEB.RF. 

The ships are to be built by Zvezda Shipbuilding Complex.

VEB.RF partners under the project are Sovcomflot and NOVATEK.

New ships of a high ice class are intended for transportation of liquefied natural gas under Arctic LNG 2 project. 

“They will operate on the Northern Sea Route and, certainly, they are to comply wih the latest requirements, both environmental and other ones”, said the head of RF Government.

The Arctic LNG 2 project envisages constructing three LNG trains at 6.6 million tons per annum each, using gravity-based structure (GBS) platforms. The Project is based on the hydrocarbon resources of the Utrenneye field. As of 31 December 2018, the Utrenneye field’s 2P reserves under PRMS totaled 1,138 billion cubic meters of natural gas and 57 million tons of liquids. Under the Russian classification reserves totaled 1,978 billion cubic meters of natural gas and 105 million tons of liquids. OOO Arctic LNG 2 owns an LNG export license. The Project participants include NOVATEK (90%) and Total (10%).