From Russia with LNG
Arctic-class carriers have opened a new route for Yamal's LNG
A steadily growing fleet of liquefied natural gas (LNG) carriers purpose-designed to combat the ice floes of the Northern Sea route is giving the giant Yamal plant in the Arctic Circle a long-term competitive advantage, as the vessels deliver gas into Asia and Western Europe in conditions that were until recently considered too hostile. As two notable events showed in late November 2018, the vessels have opened up the gas-hungry markets of the Asia Pacific region just as the Yamal plant's third train is being steadily commissioned and worked up to full capacity through 2019. They also underpin president Vladimir Putin's determination to deploy the nation's oil and gas reserves as part of Rus
Also in this section
19 December 2024
Deepwater Development Conference welcomes Shell’s deepwater development manager to advisory board for March 2025 event
19 December 2024
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
18 December 2024
The energy transition will not succeed without a reliable baseload, but the world risks a shortfall unless more money goes into gas
18 December 2024
The December/January issue of Petroleum Economist is out now!