By Sabina Zawadzki LONDON, Sept 5 (Reuters) - Three new liquefied natural gas (LNG) tankers capable of plowing through the Arctic ice have completed sea trials in recent weeks and are due to start operations at the Yamal LNG terminal in northern Russia, Reuters shipping data shows. Novatek's Yamal terminal has been ramping up LNG shipments faster than expected after loading … [Read more...]
Russia’s Yamal LNG Exports Accelerate in Time for Winter
File Photo: Two Arc7 ice-class LNG carriers load LNG produced at Yamal LNG at the port of Sabetta, Russia. Photo: Novatek By Sabina Zawadzki LONDON, Aug 31 (Reuters) - Liquefied natural gas exports from Novatek's Yamal terminal in the Arctic have come on stream faster than expected over the summer and exceeded volumes from Russia's only other LNG facility, Sakhalin, for … [Read more...]
LNG Heads Out the Door as Asia Outbids European Utilities
By Anna Shiryaevskaya (Bloomberg) -- Northwest European liquefied natural gas terminals are for the first time exporting more of the fuel than they are feeding into the region’s pipeline networks. Even with the European benchmark at a record for this time of year, surging demand in Asia to South America means traders are sending ships with the super-chilled gas there instead … [Read more...]
SCF Tanker Loads First LNG Cargo from Yamal LNG’s Second Train
Russian shipping company SCF Group says its ice-class LNG carrier Pskov has loaded the first cargo of LNG from Yamal LNG's second train in the Russian Arctic. The vessel loaded the cargo on August 9th at the Port of Sabetta, home to the Yamal LNG plant, before sailing westward bound for Europe via the Northern Sea Route. Current ice conditions will allow the vessel to … [Read more...]
Yamal LNG Means More Work for Europe’s LNG Ports
By Anna Shiryaevskaya and Elena Mazneva (Bloomberg) -- On a hot sunny day in July, Europe’s largest port is busy loading super-chilled liquefied natural gas onto a tanker, creating snow flurries during a heat wave. The cargo loaded at the Gate terminal in Rotterdam, which was built to import the fuel. Around the same time, a vessel from the Russian Arctic region … [Read more...]