Analytical Information Agency News

The Primorsk Shipping Corporation (PRISCO), as part of the MOL/K Line/PRISCO consortium, has started building a carrier vessel to transport liquefied natural gas (LNG) to participate in the Sakhalin-2 project, the Corporation says. The construction was begun in December 2006. Under the schedule, the gas carrier is to start operating in April 2008. The vessel is being built at a dockyard of Mitsui Engineering and Shipbuilding in Chiba (Japan). In November 2004, the PRISCO, in cooperation with Japanese companies Mitsui O.S.K. Lines, Ltd (MOL) and Kawasaki Kisen Kaisha, Ltd (K Line) won the tender for the transportation of LNG. A contract covering a long-term time-charter of a gas carrier vessel was concluded between the MOL/K Line/PRISCO consortium and Sakhalin Energy Investment Company Ltd…

Gazprom has prepared the framework structure of the agreement on the delivery of the third LNG-tanker to the United States, Analytical Information Agency reported. In September 2005 the first LNG-tanker of Gazprom was delivered to the United States for realization on the American market. The agreement concerning the LNG supply on the American market was signed with Shell Western BV and BG Group. The second tanker was supplied in December last year. This year Gazprom plans to deliver 3-5 tankers with liquefied natural gas. (Source: Analytical Information Agency)