Sovcomflot and Gazprom discuss strategic partnership

On 19 June 2015 the President and Chief Executive Officer of PAO Sovcomflot Sergey Frank and the Chairman of the Management Committee of OAO Gazprom Alexey Miller held a meeting during the St. Petersburg International Economic Forum.

Mr Frank and Mr Miller discussed the current state of their cooperation in the LNG and oil shipping industries, as well as offshore geological surveying. They also discussed prospects for developing this partnership. The parties noted their companies’ successful joint work to implement several of Gazprom’s large-scale projects, including “Prirazlomnoye” and “Novoportovskoye”.

Mr Frank and Mr Miller commented that they were certain that the strategic partnership between Sovcomflot and Gazprom will continue.

Notes for Editors:

SCF Group (PAO Sovcomflot) is one of the world’s leading shipping companies, specialising in the transportation of oil, petroleum products, LNG and LPG. The company’s fleet includes 153 vessels with a combined deadweight of 12.85 million tonnes. A third of these vessels have a high ice class. Sovcomflot services the largest energy projects in Russia and worldwide: Sakhalin-1, Sakhalin-2, Varandey, Prirazlomnoye, Tangguh and Peregrino. The company is registered in St. Petersburg and has representative offices in Moscow, Novorossiysk, Murmansk, Vladivostok, Yuzhno-Sakhalinsk, London, Limassol, Madrid, Singapore and Dubai.

Gazprom Group charters four SCF vessels under long-term agreements: the Velikiy Novgorod and the Pskov LNG carriers, and the arctic shuttle tankers the Kirill Lavrov and the Mikhail Ulyanov, which are engaged in the shipment of oil from the Prirazlomnoye field.

Thanks to the partnership between the two companies, in 2012 Gazprom was able to complete its first shipment of hydrocarbons along the Northern Sea Route. Transportation of energy resources to countries of the Asia-Pacific region along the Northern Sea Route is much faster than the traditional route via the Suez Canal, making it significantly more economically effective.

SCF Press Office