Sovcomflot (SCF Group) has confirmed its newbuilding deal with Total for up to three LNG carriers.

The Russian shipowner said it inked a time charter agreement for up to seven years on a 174,000-cbm newbuilding that it will own and operate.

The deal includes options on an additional two vessels.

Sovcomflot said the firm vessel, which will be built by Hyundai Samho Heavy Industries and fitted with an X-DF propulsion system, is scheduled for delivery in the third quarter of 2023.