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Russia s Novatek brings forward start date for Arctic LNG 2 s third train to 2025

Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Mikhelson told Russian President Vladimir Putin during a meeting at the Kremlin that the schedule for the project, which is currently under construction, had not been impacted by the coronavirus pandemic. Previously, we planned the third train in 2026, but now the trains will be launched in 2023, 2024, and 2025, Mikhelson said, according to a transcript of the meeting posted to the Kremlin website. Despite COVID-19, we did not deviate from the schedule of implementation of Arctic LNG 2, Mikhelson said. Each of the three trains at Arctic LNG 2 will have a production capacity of 6.6 million mt/year, and in April, the partners in the project all concluded 20-year deals to take LNG from the plant.

Teekay LNG Partners L P (TGP) Q4 2020 Earnings Call Transcript

Teekay LNG Partners L.P. (TGP) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Teekay LNG Partners L.P. (NYSE: TGP) Popular Searches Operator Welcome to the Teekay LNG Partners Fourth Quarter and Fiscal 2020 Earnings Results Conference Call. [Operator Instructions] [Operator Instructions] Now for opening remarks and introductions, I would like to turn the call over to the company. Please go ahead. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Please see our

A step closer to year-round shipments on Northern Sea Route | Hellenic Shipping News Worldwide

“A step closer to year-round shipments on Northern Sea Route” The powerful icebreaking carrier on the 16th January made it through the Chukchi Sea and into the Bering Strait after more than ten days in thick sea-ice. Never before has this voyage been conducted at this time of year. “It is a historical day for the development of the Northern Sea Route and national shipping,” Transport Minister Vitaly Savelev underlines. He argues that the voyage shows that shipping on the route can be extended with 1-2 month per year, and that it is “a step towards year-round commercial shipments on the route.”

Christophe de Margerie completes late eastbound NSR passage

Russia Prepares Earliest-Ever Arctic LNG Transit to Asia – gCaptain

By Irina Reznik, Anna Shiryaevskaya and Dina Khrennikova (Bloomberg) Russia is preparing to make the earliest-ever shipment of liquefied natural gas to Asia, taking advantage of thinning ice in the Arctic Ocean and paving the way for a record-long navigation season this year. The super-chilled cargo from Novatek PJSC’s Yamal LNG facility in early May will beat last year’s record for the start of eastbound voyages through the Northern Sea Route by almost two weeks if the plan works out, according to people familiar with the situation. It will travel with an ice-breaker. The Northern Sea Route, stretching more than 3,000 nautical miles (5,556 kilometers) between the Barents Sea and the Bering Strait, is the shortest passage between Europe and Asia. Yet its eastern part is usually shut for navigation for several months at the start of the year due to thick ice, limiting shipment potential. Its increased use underscores how quickly the pace of climate change is accelerating i

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