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
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference