Space Industry and Business News  
OIL AND GAS
Russia's Novatek uses short Arctic route for LNG shipment
by Daniel J. Graeber
Washington (UPI) Jul 19, 2018

Russian energy company Novatek said Thursday it shipped its first batch of liquefied natural gas to China using a so-called Northern Sea Route.

The northern passageway is a shipping lane in Russia's economic zone that runs along the Arctic coast to the Bering Strait. Novatek said it shipped its first cargos of LNG from its northern Yamal project to China using the route. The shipment took 19 days, compared to 35 days using a traditional shipping lane.

"This voyage begins a new era of Russian LNG shipments to meet the growing natural gas demands of the Asian-Pacific markets using the Northern Sea Route of the Arctic Ocean," Leonid Mickhelson, the chairman of Novatek's board, said in a statement.

The Yamal LNG project has the capacity to produce about 16.5 million tons of natural gas, and exports could target consumers in the Far East. Up to 16 ice-class carriers could be designated to ship LNG year-round to global consumers from the far north Kara Sea.

The first train, the facility that converts gas to the liquid form, went into production last year. Two more trains will be in service by 2019.

Russia meets about a quarter of the European energy demand, but has at times focused its economic efforts on the expanding economies in Asia.

Russian natural gas company Gazprom has a 30-year sales agreement with China National Petroleum Corp. that calls for 1.3 trillion cubic feet of natural gas per year through the Power of Siberia pipeline. The Kremlin described the 2,500-mile network as a way to tie the Russian energy sector to two poles of the economic world.

China holds a minority stake in the LNG facility on the Yamal Peninsula in Russia, alongside French energy company Total and Novatek, the largest private natural gas company in Russia.


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
Senators plea for continued offshore oil and gas safety
Washington (UPI) Jul 19, 2018
A group of Democratic senators said eroding federal rules on offshore oil and gas safety means the government is ignoring lessons from Deepwater Horizon. The U.S. Interior Department's Bureau of Safety and Environmental Enforcement outlined proposed rules on offshore drilling safety mechanisms like blowout preventers. After the Deepwater Horizon accident in 2010, which left 11 rig workers dead, the Interior Department issued rules on safety measures like the blowout preventer and well-ca ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Materials processing tricks enable engineers to create new laser material

Chinese scientists achieve success in nitrogen metallization

A high-yield perovskite catalyst for the oxidation of sulfides

Metal too 'gummy' to cut? Draw on it with a Sharpie or glue stick, science says

OIL AND GAS
IntelsatOne FlexAir Coming This Summer for Government Aircraft Operations

Intelsat General Delivers Programming For American Forces Network

Altamira receives $25 million contract for radio frequency research

New Land Mobile Technology Driving The Need For Modern Satcom Capabilities

OIL AND GAS
OIL AND GAS
Europe's next Galileo satellites in place atop Ariane 5

CTSi flight tests prototype navigation system to replace GPS in highly contested environments for US Navy

Love navigated by Beidou

Next four Galileo satellites fuelled for launch

OIL AND GAS
UK seeks to allay Brexit fears at Farnborough air show

Airbus strikes deals in China, India amid Brexit concerns

TItan LSC contracted for Saudi F-15 modernization support

Slovakia to buy 14 US-made F-16 jet fighters

OIL AND GAS
Scientists unlock signal frequency control of precision atom qubits

Quantum dot white LEDs achieve record efficiency

Semiconductor quantum transistor points to photon-based computing

China court 'bans sales' of chips from US firm Micron

OIL AND GAS
What does global climate have to do with erosion rates?

Copernicus Sentinel-5P releases first data

ICESat-2 Lasers Pass Final Ground Test

Chinese foam industry responsible for rise in CFC-11 emissions

OIL AND GAS
Singapore rolling out thermal cameras to nab illegal smokers

Trash piles up in US as China closes door to recycling

Starbucks to phase out plastic straws by 2020

Sanofi shuts down factory over toxic waste outcry









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.