Independent journal on economy and transport policy
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The Russian producer of GNL Novatek creates an own company of navigation
One will take care of the transports in the Arctic region
May 21, 2018
The Novatek Russian, that it is one of the main national independent natural gas producers, has announced the creation of an own company of navigation for the transport of the which liquified natural gas, with the objective to manage and to optimize the shipping charges, to develop competences relatively to navigation in the Arctic zone and to centralize the management of the fleet. The new society will be called Arctic Transport LLC.
"The strategy of development in the long term of the Novatek - the president of the Russian company has explained, Leonid Mikhelson - previews a meaningful increase of the which liquified natural gas production in the immense region of hydrocarbon reservoirs near the peninsulas Yamal and Gydan in the Arctic zone, for beyond 55 million tons per year within 2030. Therefore the creation of a system of efficient transport on the Northern Sea Route is one of our priorities key for the realization of the strategy in the long term. The creation of a our company of navigation satisfies this objective totally and will optimize the shipping charges guaranteeing a cetralized and very balanced management of the structure in order to improve the competitiveness of the Arctic projects of the Novatek".
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