Arctic LNG 2 Facing Vessel Shortage as Zvezda Shipyard Delays Delivery, Japanese MOL Exits Charter Contract Sanctions continue to impact Russia’s Arctic LNG 2 project. Japanese operator Mitsui O.S.K. Lines is looking to step away from the project and ice-capable LNG tankers under construction at Russia’s own Zvezda shipyard have been delayed again.
No Shipments from Russia's Arctic LNG 2 Until March as Sanctions Block Delivery of LNG Carriers US sanctions continue to delay the initial shipment of gas from Russian gas producer Novatek’s Arctic LNG 2 project. The lack of ice-capable carriers for liquefied natural gas has delayed the first cargo until at least March. Meanwhile, Novatek has begun looking for new buyers of its sanctioned gas in China.
Novatek’s Massive LNG Storage Now En Route to Murmansk A key piece for Novatek’s Arctic operation has left the shipyard in South Korea and has begun its four-months journey to the Barents Sea.Saam FSUand its three escort tugs will reach their first main waypoint of Singapore in around three weeks.