mo4ch:>Russia’s first shipment of Arctic LNG on its way to Northern Europe | Mo4ch News

Independent Russian gas producer Novatek has announced the first delivery of its liquefied natural gas (LNG) from the Yamal project in the Arctic to an area near the port of Honningsvag in northern Norway.“The Arc7 ice-class LNG tanker ‘Vladimir Rusanov’ successfully reloaded an LNG cargo delivered from the Yamal LNG facility at Sabetta to the lower ice-class designated tanker ‘Pskov’, which will deliver the reloaded cargo to customers in North-West Europe,” Novatek said.“The first ship-to-ship LNG transshipment is a very important commercial milestone for us,” said Novatek’s Deputy Board Chairman Lev Feodosyev. He explained that it allows for the optimization of transport costs “by decreasing the travel distance of the Arc7 ice-class tankers and to ensure timely offloading of LNG from Yamal LNG project.”READ MORE: Brazil welcomes its first LNG cargo from Russia’s YamalNovatek earlier announced future large-scale LNG transshipment projects in Kamchatka and the Murmansk regions.The $27…