LNG

Novatek, the Russian natural gas company and LNG operator and developer, said the Arctic LNG II project on the Gydan Peninsula had reached a project financing agreement among the joint venture shareholders from Russia, France, China and Japan.

Sovcomflot, the Russian shipping line with 16 LNG carriers and an overall fleet of 147 vessels, said it held a ceremony for the naming a new LNG carrier named after a French Pacific maritime explorer.