New LNG Storage Hub Set to Accelerate Flow of Russian Gas to Europe A new transfer point for liquefied natural gas in waters adjacent to the Barents Sea will further expedite the delivery of Russian gas to Europe. The hub arrived this week after a 12,000 nautical mile journey from South Korea and will begin operations this summer.
World’s Largest LNG Storage Barge Approaches Bodø En Route to Russian Arctic Novatek’s long-awaited hub for liquefied natural gas is about to arrive in the Barents Sea. It is currently around 350 km to the southwest of Bodø. Meanwhile, new modules for Novatek’s Arctic LNG 2 plant are being shipped from China via the Northern Sea Route. The company has also sent its first delivery of liquefied natural gas of the year to China along the route.
TotalEnergies Acquires 10% of Arctic Transshipment LLC from Novatek TotalEnergies has signed a Sale and Purchase Agreement with Novatek to acquire 10% of Arctic Transshipment LLC, a wholly-owned subsidiary of Novatek.
