SMART LNG, a joint venture between the SCF Group and NOVATEK, has signed contracts with VEB. RF Group and Zvezda Shipbuilding Complex build and lease ten Arc7 LNG icebreakers. At the same time, SMART LNG signed long-term charter contracts for these ten vessels with Arctic LNG 2, the operator of the Arctic LNG 2 project. SMART LNG is a joint venture created by SCF Group and NOVATEK to own and operate a fleet of LNG that operate the Arctic LNG 2 project and other current and future NOVATEK projects. The company`s creation agreement was signed in September 2019, with the company originally referred to as SMART. Marine Money, an international publication on maritime financing, awarded Sovcomflot (SCF Group) and vtB Bank an annual industry award: a 13-year loan agreement between Sovcomflot and VTB Bank, worth USD 260 million, was elected «Project Financing Agreement 2017 – West.» In September 2020, SCF Group took delivery of SCF Barents, a new 174,000 cbm LNG carrier. SCF Barents is chartered to Shell as part of a long-term charter agreement. Another LNG carrier, SCF Timmerman, is expected to be delivered and commissioned in the first quarter of 2021 as part of a long-term charter with Shell. The CFS Group continues its strategy to constantly increase the value of the company by developing the portfolio of long-term industrial management contracts, with a particular focus on operations in demanding weather and ice conditions. With ten long-term charters added to this portfolio, SCF Group has $20 billion in revenue and contractual receivables. Sovcomflot Group (SCF Group) is Russia`s largest shipping company and a world leader in shipping hydrocarbons and maintaining offshore oil and gas exploration. The company`s fleet, chartered and chartered, consists of 147 vessels with a total capacity of 12.7 million tonnes.
Half the ships have an ice class. «Shipbuilding and time charter contracts for 15 Arc7 LNG carriers signed between 2019 and 2020 allow the Russian maritime community to play a role in transporting cargoes of strategic importance to the Russian economy generated by major energy projects in the Russian Arctic. These agreements will also help develop our national ice navigation know-how and create more than 850 new jobs for Russian sailors, since all 15 ships will have Russian crews. We are pleased that this new generation of Arctic LNG carriers, which will make a significant contribution to the growth of freight traffic along the North Sea route, has been developed on the basis of CSAH`s long experience in safely operating vessels under ice conditions.