• Home
  • News
  • NOVATEK and RWE sign MOU on decarbonization and LNG
  • 2021 December 7 14:41

    NOVATEK and RWE sign MOU on decarbonization and LNG

    PAO NOVATEK and RWE Supply & Trading GmbH signed a Memorandum of Understanding to mutually cooperate in the field of LNG supply and decarbonization, says NOVATEK.

    The MOU envisages the supply by NOVATEK to RWE of low-carbon ammonia and hydrogen to be produced at the Company’s planned project Obskiy GCC (Gas Chemical Complex) and delivered to German and European markets.

    The Parties also intend to deepen their cooperation in supply of LNG (including carbon-neutral LNG) by NOVATEK to RWE by expansion of existing spot supplies as well as possible long-term supplies of LNG to be produced by the Arctic LNG 2 and other NOVATEK’s projects.

    “We are very well positioned to benefit from the transition of global economies to low carbon energy sources,” said Lev Feodosyev, NOVATEK’s First Deputy Chairman of the Management Board. “Natural gas including LNG is already replacing other types of fuels with higher carbon footprint, and we are working on decreasing the already low carbon footprint of LNG produced by our projects in the Russian Arctic. Now we are undertaking the pre-FEED study for the blue ammonia and hydrogen plant with CCS facilities nearby our LNG cluster in Yamal for the delivery to final customers of low-carbon products in Europe and Asia.”

    PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 80% of Russia’s natural gas production and approximately 15% of the world’s gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company’s shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol “NVTK”.




2022 December 4

13:29 The Port of Valencia activates an investment of 1,564 million euros for its new container terminal
11:42 Busole project awarded in the ESG Innovator competition
10:02 Hupac announces new rail connection Antwerp Combinant and Duisburg

2022 December 3

15:49 Schedule reliability continues on its upwards trend - Sea-Intelligence
13:07 Concordia Maritime announces delivery of sold vessel and continued review of its fleet
11:18 Trinidad and Tobago targets 4 Mtpa green hydrogen by 2065
09:34 SITC accepts delivery of M/V “SITC CHENMING”

2022 December 2

18:25 Queues to pass through Bosporus Strait worse than past year - Lloyd's List Intelligence
18:07 e1 Marine, NAVTEK partner to develop hydrogen-powered car carrier vessel - H2 View
17:59 IAA PortNews’ summary of past week news
17:40 MacGregor introduces an electric transloading crane to complete the electric crane series
17:21 Wartsila to act as system integrator for Binary Marine Installation Solution
17:00 Nuclear-powered icebreaker Ural of Project 22220 leaves Murmansk for the first operational voyage
16:52 The ports in Szczecin and Swinoujscie cargo transshipments up by 9.4 percent in Jan-Nov 2022
16:24 GTT receives two orders from Samsung Heavy Industries for the tank design of seven new LNG сarriers
15:53 15 empty containers at Keppel Terminal in the port of Singapore fall into the water due to squall 
15:46 Krasnoye Sormovo may be contracted for building river/sea class ships for Belarussian companies
15:29 Hyundai Heavy Industries Group to present 'ocean transformation' plans at CES 2023
15:07 Demand for Eastern Polygon traffic to exceed capacity by 70-80 million tonnes after 2025 - expert
14:58 Deal to resume Russian ammonia exports via Ukraine close – Reuters
14:24 Freeport LNG delays restart target to end of year amid US regulatory hurdles - S&P Global
13:55 FSUE Rosmorport supports 6th Hydraulic Engineering and Dredging Congress as its General Partner
13:13 Giant wave kills passenger and injures four on new Viking cruise ship - TradeWinds
12:56 Aker BP’s Board approves field development projects
12:31 Waiting list for civil ship repair in Arkhangelsk Region is 2‒3.5 years long
11:52 Indian port operator orders three Generation 6 Konecranes Gottwald Mobile Harbor Cranes to electrify bulk handling
11:35 LR authorised to carry out certification activities for non-SOLAS ships in Italy
11:26 A batch of reefer containers delivered to Vladivostok Sea Fishing Port
11:03 Singapore and Netherlands accept IMO Convention amendments
10:58 Accelleron launches new all-inclusive service agreement for auxiliary engine turbochargers
10:35 Sempra announces sale and purchase agreement with INEOS for Port Arthur LNG Phase 1
09:44 Winter-spring navigation season begins on the Northern Sea Route
09:40 NYK concludes investment and strategic partnership agreements with Pertamina
09:15 Rosmorport receives new certificate of conformity of Novorossiysk VTS

2022 December 1

18:07 Plans for increased gas extraction from Oseberg approved
17:56 Court confiscates FESCO shares owned by Ziyavudin Magomedov
17:23 ClassNK issues AiP for a dual fuel generator engine using hydrogen gas as fuel
16:57 New supply chain R&D project aims to revolutionise zero-emissions shipbuilding
16:35 KSOE wins 399.9 bln-won order for 2 ethane carriers - Yonhap
16:27 Eurochem held public hearings on engineering communications project for methanol plant in Leningrad Region
15:03 Unionized workers at the three shipbuilders of Hyundai Heavy Industries to go on joint strike - BusinessKorea
14:39 Adjustment is planned for construction schedule and cost of CNF11CPD ferries for Vanino-Kholmsk line
14:15 Road access to Brazil's busiest Paranagua port cut off by landslide - Reuters
14:08 MABUX: Bunker Weekly Outlook, Week 48, 2022
14:03 Anemoi renews Rotor Sail testing base with Port of Blyth
13:36 ESL Shipping sells agency business in Sweden to GAC
13:18 Oboronlogistics’ ships start operating on Kaliningrad – Great Port of Saint-Petersburg line
13:12 ONE to launch a new weekly service between India and the UAE
12:56 A new first regular train connection launched from the Croatian port of Rijeka and Enns in Austria
11:50 Russian Railways' network loading in 11M’2022 fell by 3.6%, year-on-year, to 1.13 billion tonnes
11:42 King Abdulaziz Port welcomes first ever Grimaldi RoRo vessel
11:13 Shell signs agreement with Alfa Laval to develop a Gas Combustion Unit for hydrogen boil-off gas
10:34 Singapore accepts amendments to the International Maritime Organization Convention
10:13 Stena Line chooses Nowhere Networks's solution for 32 of its ships
09:39 Draft law on transportation of Russian cargo by domestic ship owners can be temporarily withdrawn from consideration

2022 November 30

18:11 duisport and VITRONIC present solution for automatic detection of containers
17:54 New report identifies pathway for £75bn for UK shipping's energy transition
17:37 RF Federation Council approved amendments into Federal Law regulating passage of foreign warships across NSR
17:23 A.P. Moller - Maersk opens integrated logistics park at Port Qasim in Pakistan
17:02 European shipowners welcome the provisional agreement on the EU ETS maritime