Sovcomflot (SCF Group) is continuing to champion LNG as a fuel as it seeks to renew its fleet to meet the requirements of environmental legislation.
The company said on Thursday it would double the number of gas-powered tankers it operates by 2023.
CFO Nikolay Kolesnikov told TradeWinds: "We want to increase the number of these vessels as we renew the fleet as ageing vessels will be replaced.