Tagged Russia

Novatek wraps up first ISO container LNG delivery to China

Rate this article By Adnan Bajic Russia’s largest independent natural gas producer and LNG operator, Novatek, completed its first trial delivery of LNG to China in ISO containers. Illustration only (Courtesy of Novatek) Novatek said on Tuesday, its unit Novatek Gas & Power Asia, together with Japan’s Saibu Gas completed the first delivery of liquefied…

Novatek begins LNG STS ops in Murmansk

Rate this article By Adnan Bajic Russia’s largest independent natural gas producer and LNG operator, Novatek started ship-to-ship LNG transshipment operations near the port of Murmansk. Illustration only (Courtesy of Novatek) These operations have previously been performed in the area near the port of Honningsvag in northern Norway. Reuters noted that Norway initially faced pressure…

Novatek completes Arctic LNG 2 fleet formation

Rate this article By Adnan Bajic Novatek, Russia’s largest independent natural gas producer, has signed long-term charter deals for six Arc7 ice-class LNG tankers. Illustration only (Courtesy of SCF) The charter deal was signed with compatriot shipper Sovcomflot and Japan’s Mitsui O.S.K. Lines (MOL). The construction of the tankers has been entrusted to the South…

Novatek’s Q3 production up, LNG sales edge down

Rate this article By Adnan Bajic Russia’s largest independent natural gas producer Novatek reported a production increase in the third quarter and the first nine months of the year 2020. Courtesy of Novatek Novatek said the natural gas production in the third quarter of the year reached 19.13 bcm, 4.5 per cent up on the…

Yamal LNG debt service guarantees removed

Rate this article By Adnan Bajic Russia’s largest independent natural gas producer Novatek has reached another milestone on its Yamal LNG project. Courtesy of Novatek The company noted on Thursday, it has fulfilled all the conditions stipulated by the project’s external bank financing. With the fulfillment, the debt guarantees of Yamal LNG were formally removed…

Japan’s Hokkaido Electric gets first US LNG shipment

Rate this article By Mirza Duran Japan’s Hokkaido Electric Power said it has received its first US LNG cargo at the Ishikari regasification terminal, widening fuel sources for the adjacent power plant. Image: Hokkaido Electric Power The 177,000-cbm Shinshu Maru, owned by a venture of Jera and NYK, delivered the cargo from the Freeport terminal…

Former U.S. Ambassador to Russia rejoins Chevron board

Rate this article By Bojan Lepic U.S. energy major Chevron has re-elected one of its previous directors to the board of directors and two committees. The post Former U.S. Ambassador to Russia rejoins Chevron board appeared first on… … Read Full Article Here For more great articles: Offshore Energy Today

Novatek charters Arctic LNG 2 fleet

Rate this article By Adnan Bajic Russia’s largest independent natural gas producer Novatek has signed long-term charter deals for 14 Arc7 ice-class tankers for its Arctic LNG 2 project. Courtesy of Zvezda Shipbuilding Complex The company noted in its statement on Monday it has signed deals with Smart LNG, a joint venture between Novatek and…

Novatek in first Yamal LNG delivery to UAE

Rate this article By Adnan Bajic Russia’s largest independent natural gas producer Novatek has achieved another milestone for its Yamal LNG project. Courtesy of Novatek Novatek’s units Novatek Gas & Power Asia, shipped the first cargo of liquefied natural gas (LNG) from Yamal LNG project to the United Arab Emirates. The cargo was delivered under…