Novatek is set to sign contracts and reserve berths for up to 10 ice-class LNG carrier newbuildings to support planned projects in the Arctic.

Industry sources said the Russian energy company has selected Hudong-Zhonghua Shipbuilding (Group) and South Korea’s DSME as its preferred yards.

Novatek is expected to sign ­contracts with DSME for at least five vessels in the next few weeks and with Hudong-Zhonghua for a similar number.