EU Importers Preparing to Implement March 2025 Transshipment Ban for Russian LNG With the EU’s sanctions on the transfer of Russian LNG just three months away operators in France and Belgium are putting in place procedures to now longer conduct transshipments. The upcoming ban affects around 20 percent of Russian LNG from the Arctic.
Novatek With New 2023 Launches Despite sanctions Russian producer of natural gas, Novatek, continues to overcome the impact of sanctions and will deploy two massive floating LNG hubs near Murmansk and Kamchatka in 2023. The transshipment hubs represent the final piece in its logistics chain to export LNG from the Arctic to Europe and Asia. The company will also receive at least four new Arc7 LNG carriers in 2023.
Novatek Transships LNG near Murmansk While Super Icebreaker Arktika Completes First Escort Russian natural gas company Novatek tested the reloading of LNG in the Kildin Strait of the Barents Sea optimizing its export of LNG to Europe. Meanwhile Rosatomflot’s newest nuclear icebreakerArktikasuccessfully completed its first escort through the icy waters of Ob Bay.
Proposed Russian State-Owned Shipping Operator To Subsidize Container Shipping in Arctic While shipments of oil and gas are booming in the Arctic, the Northern Sea Route has seen little interest from global container shipping companies. Now Russia is studying the possibility of a state-run operator, effectively subsidizing container shipping along the route.
Novatek Considers Returning to Norway to Transship Yamal LNG Russia’s second-largest natural gas producer Novatek is eyeing a potential return to Norway to transship liquefied natural gas (LNG) from its Yamal LNG plant following U.S. sanctions against one of its shipping partners. The company previously reloaded LNG near Honningsvåg with partner Tschudi Shipping Company.
Up to Nine Million Tons of Russian LNG Will be Reloaded in Norwegian Waters during 2019 Norwegian shipping company Tschudi plans to transship up to 9 million tons of LNG during the first six months of 2019. A substantial operation would reload natural gas from Novatek’s Yamal facility on average every 36 hours.
