LNG tanker. File photoSEUL, Jul 6 Russian companies could be customers of South Korean Korea Shipbuilding & Offshore Engineering (KSOE) for the construction of tankers for the transport of liquefied natural gas (LNG), but subsequently KSOE replaced the relevant contracts, Yonhap reports. The reason KSOE justified «interruptions in parts».
"KSOE canceled original contracts in accordance with an agreement with a Liberian freight carrier and signed new deals due to disruptions in the supply of key parts", the company said.
KSOE, which is part of Hyundai Heavy Industries Holdings, said it has signed a 314.1 billion won ($240 million) contract with an Oceania-registered freight carrier to build an LNG carrier. The document replaced the original January 2021 order for 198.9 billion won (approximately $152 million) for a shipping firm registered in Liberia. The shipyard also replaced a 420.7 billion won (approximately $322 million) order to build two LNG tankers for a Liberian shipping company with a new 628.2 billion won contract with an Oceania-listed company. KSOE did not disclose the nationalities of the parties who placed the original orders , but industry sources told the agency that they could be Russian companies. Kommersant» in May informed that the South Korean shipyard Daewoo Shipbuilding & # 38; Marine Engineering (DSME), Novatek's partner, terminated the contract for the construction of three Arc7 LNG tankers ordered by Sovcomflot for the Arctic LNG 2 project due to a delay in payment by the shipping company. The shipyard was supposed to hand over the tankers in February, April and July 2023. The contract for their construction was signed in October 2020, its total cost was $872 million for three vessels. At the same time, the head of Novatek, Leonid Mikhelson, said at a briefing at the SPIEF that DSME continues to build tankers for Arctic LNG 2, a problem arose with the customer Sovcomflot, which fell under sanctions, but this issue is being resolved.
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