Russia’s Yamal LNG could be faced with a whopping newbuilding bill estimated at $3.6 billion to $5.6 billion, depending on the number of ice-breaking LNG carriers required for the Arctic production project.

Debate was raging at this week’s Gastech show in London about the likely price of the 12 to 16 ice-breaking LNG carriers recently put out to tender for the planned 16.5