Gazprom Delivery of its First Newbuilding LNG Carrier

Source: 7/25/2013, Location: Asia

LNG vessel Hull Number 2556 was delivered by Hyundai Heavy Industries (HHI) and named “Yenisei River” at a ceremony at the HHI shipyard in Ulsan, South Korea.

GM&T group will time charter "Yenisei River" from Greek LNG tanker operator Dynagas for several years and will use her to support its growing global LNG trading portfolio. She will be the second vessel currently on charter between GM&T group and Dynagas after "Ob River" which became famous last year for being the world’s first LNG carrier to pass through the Northern Sea Route.

Attending the ceremony at the shipyard were senior officials from HHI,including Mr O. H. Kim, President & COO, Head of Shipbuilding / Offshore Engineering Division and from Dynagas of Greece, the owners and operators of the vessel, were Mr George Procopiou, Founder and Mr Tony Lauritzen, Commercial Director. Gazprom Marketing & Trading (GM&T) was represented by a team including Vitaly Vasiliev, CEO; Nikolai Grigoriev, Managing Director, Shipping & Logistics and Jay Mistry, Director of Global LNG Trading.

"Yenisei River" is a highly sophisticated LNG carrier with membrane tanks, cargo capacity of 155,000 cubic meters and powered by a tri-fuel diesel-electric propulsion system. Her 1A ice class and winterisation equipment allows sailing in ice conditions, including in the Northern Sea Route during open navigation. The vessel will be operated by an international crew, including graduates of the Admiral Makarov State University of Maritime and Inland Shipping (SUMIS), St.Petersburg, Russia.

"Yenisei River" comes from the name of one of the great Russian Siberian rivers which flow into the Arctic Ocean following the tradition established with "Ob River".

Gazprom Marketing & Trading Limited (GM&T) is a UK-registered wholly-owned subsidiary of OAO Gazprom (“Gazprom”), the world’s largest gas company by asset base, accounting for 18% of the world’s total natural gas reserves and for about 70% of natural gas reserves in Russia.

GM&T is headquartered in London and was established in 1999 to manage Gazprom's marketing and trading activities in the liberalised markets of Europe. GM&T is responsible for the optimisation of Gazprom’s energy commodity assets and downstream expansion through its marketing and trading network. With subsidiaries in USA, Singapore, France, Germany, UK and Switzerland, GM&T trades energy commodities including gas, power, oil and oil products, carbon, LNG and FX.

The Shipping & Logistics (S&L) business unit provides safe, reliable and economical shipping solutions to the Gazprom Marketing & Trading Group (GM&T) with responsibility for supporting the multi-commodity trading activities of GM&T, shipping a diverse range of products from LNG, LPG, Oil, Oil Products and Helium.

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Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

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