Novatek introduced that 15 LNG cargos from the Company’s Yamal LNG challenge have been shipped eastbound to the Asian Pacific markets straight by way of the Northern Sea Route (NSR) throughout third quarter 2019. The eastbound shipments represented about 25% of all LNG dispatched from Yamal LNG through the quarter. Planned 2019 volumes of LNG delivered eastbound to the Asian Pacific markets by way of the NSR will likely be elevated by greater than four occasions in comparison with final 12 months.
A present fleet of 13 Arc7 ice-class tankers together with decrease ice-class designated tankers to move LNG cargos help the Yamal LNG challenge. The full fleet of 15 Arc7 ice-class tankers are anticipated to be in operation by finish of 2019, which can improve the variety of direct LNG deliveries eastbound by way of the NSR.
“The improve of LNG delivered eastbound by way of the NSR confirms the business precedence of the Asia-Pacific area as a strategic path for future deliveries of Novatek’s LNG,” famous Lev Feodosyev, Nobatek’s First Deputy Chairman of the Management Board. “Developing additional the navigational effectivity by way of the NSR mixed with the development of LNG transshipment complexes in Kamchatka and Murmansk will optimize the Company’s logistics chain.”
Novatek shipped its first cargos of LNG from the Yamal LNG challenge to China by way of the Northern Sea Route in July 2018
The Northern Sea Route is a delivery route formally outlined by Russian laws as mendacity east of Novaya Zemlya and particularly working alongside the Russian Arctic coast from the Kara Sea, alongside Siberia, to the Bering Strait. The whole route lies in Arctic waters and inside Russia’s unique financial zone.
(Source: Novatek – Image: Christophe de Margerie Arctic tanker)
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