Russia Eyes Island Storage for Arctic LNG Amid China Demand Boom

By Tsuyoshi Inajima (Bloomberg) -- Russia’s Novatek PJSC is looking at storing liquefied natural gas produced in the Arctic on Japan’s southern island of Kyushu so it can better meet spot demand from China and cut shipping costs. Saibu Gas Co., which last month signed a preliminary deal to allow Russia’s biggest LNG producer to use its storage facilities, said … [Read more...]

Amid Export Boom, U.S. Still Imports Natural Gas from Russia

By Naureen S. Malik (Bloomberg) -- The U.S. may be exporting natural gas at a record clip, but that hasn’t stopped it from accepting imports of the fuel, including a shipment of Russian gas likely headed for Massachusetts. Pipeline constraints, depleted stockpiles and a 98-year-old law barring foreign ships from moving goods between U.S. ports is opening the way for … [Read more...]

Caught in Russia-Ukraine Storm: A Cargo Ship and Tonnes of Grain

By Polina Ivanova BERDYANSK, Ukraine, Dec 5 (Reuters) - When the Island Bay cargo ship arrived from Beirut at the Kerch Strait, gateway to the Azov Sea, it sailed into a perfect storm of geopolitics and bad weather. The following day, Russia opened fire on three Ukrainian naval ships, impounded them and detained their sailors, some of them wounded. It then blocked the … [Read more...]

Ukraine Resumes Grain Shipments from Sea of Azov

KIEV, Dec 4 (Reuters) - Ukraine said on Tuesday it had resumed grain shipments from the Azov Sea, blocked for around 10 days after a military standoff with Russia in the Kerch Strait off Crimea. Russia seized three Ukrainian naval ships and their crews on Nov. 25 after opening fire on them, accusing them of illegally entering its territorial waters. Ukraine denied its ships … [Read more...]

U.S. Slams Russia’s Yamal LNG Transfers in Norwegian Waters

By Lefteris Karagiannopoulos OSLO, Nov 30 (Reuters) - Allowing ship-to-ship transfers in Norwegian waters from Yamal in Arctic Russia, one of the world's largest liquefied natural gas (LNG) terminals, undercuts Europe's energy diversification efforts, the U.S. State Department said on Friday. By transferring LNG to more conventional tankers in Norway, the Arctic vessels cut … [Read more...]