Novatek and Rosatom will conclude a 15 year contract for icebreaker navigation12 November 2012
The Chairman of the Board of Novatek Leonid Mikhelson and general director of Rosatom Sergei Kirienko signed a general agreement on cooperation which stipulates an outline agreement on the provision of icebreaker ship navigation for the Northern Sea Route valid for at least 15 years.
The parties intend to develop cooperation in organizing smooth icebreaker ship navigation along the Northern sea route, including transportation of construction cargo to the port of Sabetta and production of the Yamal LNG plant.
Novatek and Rosatom have agreed to develop a mutually beneficial partnership in the sphere of safe and efficient movement in the Arctic Sea, White Sea and Baltic Seas, coordinate related investment projects, create new technologies and develop competitive (and import-substituting) products for more efficient exploration, production, transportation, storage and processing of natural gas.
“Novatek is a pioneer in organizing tanker transportation of hydrocarbons along the Northern Sea Route,” said Leonid Mikhelson, Chairman of the Board of the company. “We are planning to increase the scope of activity and develop our oil fields located on the Yamal and Gydan peninsulas, and waters of Ob Bay. Cooperation with Rosatom allows us to safely build and implement our long-term plans, including the construction of a multi-purpose port in Sabetta, Russia.”
“Rosatom sees one of its main objectives as the development of the Northern Sea Route,” said the general director of the state corporation. “Long-term planning is important for us to to develop the infrastructure of the Northern Sea Route.” According to him, the agreement guarantees Rosatomflot a stable order for the navigation of commercial goods. According to Rosatom, cargo turnover along the Northern Sea Route will total 17.5 million tons by 2020.