With the support of Rosneft, Zvezda Shipbuilding Complex and French engineering company Gaztransport & Technigaz (GTT) signed the Memorandum of Understanding on the design and manufacturing of cargo containment systems for LNG carriers at the XXI St-Petersburg Economic Forum.

The document envisages development of liquefied gas-carrier building technologies unique for the Russian Federation. Building liquefied gas-carriers is one of priority areas of the Zvezda Shipyard production Program.

As part of their cooperation, the Parties intend to asses the Shipyard's potential for building LNG storage systems under GTT's standards, as well as select the most suitable technology for creating such systems.

The Memorandum also provides for training personnel in charge of the project implementation, and supplies of necessary materials.

Liquefied Gas carrier vessels may be in demand for a number of projects to develop offshore fields, as well as for transportation of liquefied natural gas produced in the Russian Federation.

Notes for editors:

The Zvezda Shipbuilding Complex is being built on the basis of the Zvezda Far Eastern Shipyard by the Consortium of Rosneftegaz, Rosneft and Gazprombank. The shipbuilding complex design involves the construction of a heavy outfitting berth, a dry dock, full-cycle production shops for the construction of super ships and marine facilities, and production shops for the construction of offshore marine facilities.

GTT is an engineering company expert in containment systems with cryogenic membranes used to transport and store liquefied gas, in particular LNG (Liquefied Natural Gas). For over 50 years, GTT has been maintaining reliable relationships with all stakeholders of the gas industry (shipyards, ship-owners, gas companies, terminal operators, classification societies). The company designs and provides technologies which combine operational efficiency and safety, to equip LNG carriers, floating terminals, and multi-gas carriers. GTT also develops solutions dedicated to land storage and to the use of LNG as fuel for the vessel propulsion, as well as a full range of services.

Rosneft Information Division
Tel.: + 7 (499) 517-88-97
June 02, 2017

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

OJSC Oil Company Rosneft published this content on 02 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 June 2017 14:49:29 UTC.

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