Ten EU Member States Urge Ban on Russian Liquefied Natural Gas Ramping Up Pressure on Yamal LNG A coalition of ten EU member states is urging Brussels to take steps to ban or at a minimum begin phasing out Russian liquefied natural gas imports. Pressure on Russian oil and gas is at an all time high following U.S. sanctions against dozens of Arctic tankers and two LNG plants.
Ten EU Member States Urge Ban on Russian Liquefied Natural Gas Ramping Up Pressure on Yamal LNG A coalition of ten EU member states is urging Brussels to take steps to ban or at a minimum begin phasing out Russian liquefied natural gas imports. Pressure on Russian oil and gas is at an all time high following U.S. sanctions against dozens of Arctic tankers and two LNG plants.
China To Supply Key Turbines to Novatek’s Arctic LNG 2 The Arctic LNG 2 project clears a major, and possibly final, hurdle. Chinese suppliers will deliver essential gas turbines allowing Novatek to open the LNG plant in 2023.
EU Proposes Measures to Block Import of Russian Arctic LNG After sanctioning the import of most pipeline gas from Russia, the EU is now beginning to target the flow of Russian LNG into the bloc. EU member states increased consumption of Arctic LNG by 50 percent since the beginning of sanctions. A new proposal would allow EU member states to block the import of LNG.
Cargo Volume on Northern Sea Route Remains Stable at 32m tons in 2020 After years of significant growth the amount of cargo transported on Russia’s NSR is forecasted to reach 32 million tons, similar to last year’s 31.5m tons. Lack of sea ice now allows non ice-class vessels to travel the route and Norwegian company Scana was contracted for Novatek’s LNG project.
Novatek and Tschudi Group Return to Norway’s Honningsvåg to Transfer LNG The two companies are teaming up again to deliver liquefied natural gas from Russia’s Arctic to Europe.
Northern Sea Route: From Speculations to Reality by 2035 The Northern Sea Route received its share of bad publicity in 2019 when it became a target of big logistics companies and brands that publicly declared their intentions not to use it.
Novatek Ships Yamal LNG to Japan, Uncertain if Delivery Was Made Via Arctic The Russian energy company announced that Japan received the first shipment of LNG from the Arctic Yamal project. It remains unclear however, if the delivery came along the Northern Sea Route or followed the conventional route via the Suez Canal.
Novatek to Launch its Third LNG in 2022 Inspired by its success, Novatek takes another step in the rush for natural gas resources in the Russian Arctic.
Novatek Allowed to Operate Foreign LNG Carriers on Northern Sea Route Natural gas company Novatek was granted an exemption from a new law banning foreign-flagged oil and gas carriers from the Northern Sea Route. The ban would have been detrimental to Novatek’s $20 billion Arctic LNG 2 project.
Novatek Ships 10m Tons of LNG, Signs Construction Contracts for Arctic LNG 2 Russia's Novatek, the country's largest privately-owned natural gas producer, announced that its Yamal LNG facility has reached a new milestone. Since the facility opened in December 2017 the company has delivered 10m tons of LNG to markets in Europe and Asia.
