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
22 November 2024
The Energy Transition Advancement Index highlights how the kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
