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Gazprom Marketing & Trading Marks the Delivery of Newbuild LNG carrier

Source: 10/7/2013, Location: Asia

Hyundai Heavy Industries (HHI) delivered liquefied natural gas (LNG) vessel Hull Number 2557 at a ceremony at the HHI shipyard in Ulsan, South Korea on Friday, 4 October. The vessel was named “Lena River”.

The Gazprom Marketing & Trading (GM&T) group will time charter “Lena River” from Greek LNG tanker operator Dynagas for several years. She will be the third vessel 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, and “Yenisei River”, which was delivered in July.

GM&T’s steadily expanding fleet of LNG vessels will be used to support its growing global LNG trading portfolio.

The state-of-the-art “Lena River” features membrane tanks, has a cargo capacity of 155,000 cubic meters and is powered by a tri-fuel diesel-electric propulsion system. Her 1A ice class and winterisation equipment allows sailing in ice conditions, including through the Northern Sea Route during open navigation.

Like the “Ob River” and “Yenisei River”, the vessel will be operated by an international crew, including graduates of the Admiral Makarov State University of Maritime and Inland Shipping, St. Petersburg, Russia.

“Lena River” is named after one of the three great Russian Siberian rivers that flow into the Arctic Ocean, completing the tradition established with “Ob River” and “Yenisei River”.

Gazprom Marketing & Trading Limited is a UK-registered wholly-owned subsidiaryof 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 business unit provides safe, reliable and economical shipping solutions to the Gazprom Marketing & Trading Group with responsibility for supporting the multi-commodity trading activities of GM&T, shipping a diverse range of products from LNG, liquefied petroleum gases, 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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