ASIA

Sakhalin consortium awards LNG charter contracts

THE Shell-led Sakhalin Energy Investment Co Ltd consortium has awarded contracts to two Russian-J...

Sakhalin consortium awards LNG charter contracts

The Nippon Yusen Kabushiki Kaisha (NYK) and JSC Sovcomflot JV will supply two vessels while the Mitsui OSK Lines Ltd (MOL), Kawasaki Kisen Kaisha Ltd (K Line) and Primorsk Shipping Corp consortium will provide one tanker.

“Under the conditions of the contracts, the three ships will have ice strengthening and will be designed to operate at low temperatures to allow them to make deliveries from Sakhalin Energy’s LNG Plant at Prigorodnoye in Sakhalin’s south all year round,” Sakhalin Energy said in a statement.

“The NYK Line/Sovcomflot consortium will have their two 147,200 cubic metres LNG ships constructed at Mitsubishi Heavy Industries with delivery scheduled for quarter four in 2007 [and] the MOL/K Line/Primorsk consortium will have their similar sized ship constructed by Mitsui Engineering & Shipbuilding for delivery by quarter two in 2008.”

In other news from Sakhalin, Russian presidential envoy for the Far-East federal district, Konstantin Pulikovsky, said he was confident South Korea would receive Sakhalin LNG by 2008.

“The main direction of Russian-Korean collaboration is cooperation in the fuel and energy sector [and] Russia is ready to implement large gas projects together with South Korea and to supply oil and gas from Siberian and Far Eastern fields to the republic,” Pulikovsky said in a statement.

“Modernisation of the Khabarovsk oil refinery and the beginning of exploration of oil fields on the Kamchatka shelf and in Sakhalin is of great importance for developing investment cooperation between Russia's Far East and South Korea.”

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