Russia’s Novatek Launches Shipbuilding Arm to Strengthen LNG Fleet amid Sanctions Pressure
Russia’s largest liquefied natural gas producer, Novatek, has taken a strategic step toward energy logistics independence by establishing a new tanker construction company aimed at building its own fleet and floating infrastructure.
According to reports, the newly formed entity, Severny Engineering (Northern Engineering), was officially registered on March 25. The company will be led by Ilya Lushchikov, who is also heading Novatek’s Murmansk LNG project, signaling a strong alignment between upstream production and maritime transport capabilities.
