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Zvezda Shipyard to build new generation tankers for Rosneft

01 September 2016

Rosneflot, a Rosneft subsidiary, and Zvezda Shipyard signed contracts for delivery of tankers.

According to the agreement Zvezda will construct five Aframax tankers with deadweight of 114,000 to be used by Rosneft.

Aframax tankers are vessels of new type fueled by natural gas fuel and meeting high environment safety standards as well as new rules for limitation of sulfur oxide and greenhouse gas emission that will be applied in the basins of Baltic and North seas starting 2020. 

Rosneft plans to use such tankers for exporting its products from the Russian ports under CIF terms (carriage of goods by sea to a port of destination) from the Baltic Sea ports. Also, Rosneft’s plans fully comply with the regulation of the Government of the Russian Federation on attracting to the export transportation ships with the Russian flag that were built in Russia.

Commenting on the signing, Rosneft CEO Igor Sechin said: "Signing of contracts as part of new order of Rosneft for Zvezda Shipyard confirms Company's commitment to development of modern shipbuilding complex in the Far East and use of Russian-made vessels in its fleet. The Company will obtain new vessels meeting strict international environmental safety standards in hydrocarbon transportation".

REFERENCE:

The Zvezda Shipyard is being established at the premises of the Far Eastern Shipbuilding and Ship Repair Center by the Consortium of Rosneftegaz, Rosneft and Gazprombank. The Pilot Scope of Work for the shipyard will be provided by Rosneft that has an exclusive agreement with FESRC regarding placement of all the orders for manufacturing of new marine equipment and vessels at its facilities, as well as contracts for design, construction and delivery of multi-purpose supply vessels of the reinforced ice-class .

Rosneft endeavors best efforts to implement the shipyard construction project. With a view to ensure brand new shipbuilding and marine equipment construction technologies, the  Company engages types of equipment which have not been previously used at Russian shipyards.

 

Information Policy Division
Rosneft
tel.: + 7 (499) 517-88-97
September 1, 2016

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.