Gazprom Neft and Sovcomflot have signed an agreement aimed at improving efficiency in freight transportation on the Northern Sea Route
On 3 September 2021, as part of the VI Eastern Economic Forum in Vladivostok, Sovcomflot and Gazprom Neft signed an agreement to develop innovative technologies and use low-carbon fuels in maritime transport.
The document was signed by Sovcomflot president and chief executive Igor Tonkovidov and Gazprom Neft chairman of the management board and chief executive Alexander Dyukov.
The two Russian companies have agreed to co-operate to reduce ship emissions and reinforce safety and efficiency by introducing innovative and digital technologies.
The agreement also states the companies will study the prospects of low-emissions ship construction that uses alternative fuels, including LNG, ammonia, hydrogen and methanol, and will jointly develop the necessary engineering solutions.
Mr Tonkovidov commented, "SCF’s fleet consistently remains among the most technologically advanced and energy efficient within the global energy shipping market, with technological leadership being a key focus and one of the competitive advantages for the company. We believe the successful development of both the global shipping and global energy industries revolve around global energy transformation and the adoption of low-carbon fuels.”
He added, “We welcome the opportunity to expand our co-operation with Gazprom Neft, a long-standing partner and one of our largest charterers. There is a clear indication that the continued joint efforts to introduce innovations and digitalise energy transportation solutions will help both companies attain their strategic goals."
Mr Dyukov noted, "Sovcomflot is Gazprom Neft’s main maritime-logistics partner. Vessels owned by Russia’s largest commercial shipping operator transport more than 8M tonnes of Gazprom Neft Arctic blends annually.”
He added, “We are already using digital solutions in working with Sovcomflot and, under this new agreement, will be continuing to develop technologies together. The planned use of liquefied natural gas and other low-carbon ship fuels will ensure stronger environmental standards for Arctic shipping."
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