Novatek delivers 1st Yamal LNG cargo to Japan via NSR

Russia’s Novatek has delivered the first cargo from its Yamal LNG project to Japan eastbound via the Northern Sea Route.

The company said on Friday it delivered the cargo onboard the 172,000-cbm Vlaidmir Rusanov to the Ohgishima LNG terminal.

Novatek Gas & Power Asia, a unit of the Russian LNG producer, sold the cargo as part of a spot contract.

“This cargo is the company’s first successful experience of entering and unloading an Arc7 ice-class tanker in a Japanese port, which allows the company to increase the volume of LNG supplies to this country,” Novatek said.

Shipping LNG from Yamal via the NSR cuts transportation time and costs compared to other routes such as Suez Canal.

This year, Novatek started using the route earlier than in previous years. The company sent the first cargo to China on May 18.

To reduce transportation costs even further, Novatek recently ordered two giant storage and transshipment facilities at Korea’s DSME.

The giant units will have a capacity of 361,600-cbm. each.

They will serve Novatek’s projects in Murmansk and Kamchatka that the Russian company will develop with Mitsui O.S.K. Lines.

Novatek will use the units to transship Yamal and Arctic 2 cargoes from ice-breaking LNG carriers to conventional ships.

“We focus a significant amount of attention to develop and enhance the logistical scheme for our LNG projects,” said Lev Feodosyev, Novatek first deputy chairman.

“The future launch of a transshipment terminal in Kamchatka will significantly expand our opportunities to cost competitively deliver and supply LNG to the entire Asia-Pacific region,” he said.

Most Popular

LNG carrier arrives to load first LNG Canada cargo

The 174,000-cbm GasLog Glasgow has arrived at the LNG Canada jetty in Kitimat to load the first LNG cargo produced at the Shell-led terminal, an LNG Canada spokesperson told LNG Prime on Saturday.

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.

BP seals LNG SPA with Italy’s A2A

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with Italian electricity and gas distributor A2A.

More News Like This

Russian LNG production drops in May

Russian liquefied natural gas (LNG) production continued to decrease in May compared to last year, according to the Russian statistics agency Rosstat.

Russia’s Novatek in LNG truck move

Russian LNG producer Novatek and compatriot National Carrier (NATCAR) are joining fores to develop the market for LNG as fuel for trucks.

Russian LNG production drops in April

Russian liquefied natural gas (LNG) production decreased in April compared to last year, according to the Russian statistics agency Rosstat.

Russian LNG production down in Q1

Russian liquefied natural gas (LNG) production decreased in the first quarter of this year, according to the Russian statistics agency Rosstat.