Sovcomflot establishes arctic gas joint venture

Russian tanker carrier Sovcomflot is establishing a joint venture that will boost its gas transport business in the Arctic region.

Photo: Sovcomflot

Russian Sovcomflot has entered a joint venture that will help develop LNG transport from the Arctic region, or more specifically from the large Yamal facility, the company writes in a statement.

Sovcomflot and PAO Novatek have formed a renewed strategic partnership for the purpose of developing logistical support for the Yamal LNG, Artic LNG-2 and other projects under Novatek.

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