SCF Group and the Kazakh Government discuss a joint venture project

The project is already under development in Kazakhstan and its implementation will expand SCF Group’s share of shipping services for Kazakhstan’s major oil exporters.
The advantage of creating such a joint venture, from the Russian perspective, is the possibility to use the facilities of Russia’s shipbuilding industry.
The joint venture also has the potential to be a good example of effective Russian-Kazakh trade, economic and industrial cooperation.
SCF Group has been working with companies engaged in Kazakh oil exports since 1996. Kazakh charterers continuously use a couple of SCF Group ships, of Aframax and Panamax class, while SCF shuttle transportation occurs on a regular basis for Kazakh companies.
SCF Group (Sovcomflot) - one of the world's leading shipping companies, specializing in petroleum products and liquefied gas transportation. The fleet includes 154 vessels with a total deadweight of about 12 million tonnes. The company is registered in St. Petersburg with offices in Moscow, Novorossiysk, Murmansk, Vladivostok, London, Limassol, Madrid and Singapore.