Arctic LNG 2 delays hampering TotalEnergies’ plans for greener future
TotalEnergies’ presence across the entire LNG value chain, from production and liquefaction, trading, shipping, to regasification, has resulted in the French energy giant being ranked as the world’s second largest LNG player, according to GlobalData..
Russian Far East Zvezda Shipbuilding Complex starts construction of fifth Arc7 LNG carrier for Arctic projects
Zvezda Shipbuilding in the Russian Far East has started steel-cutting for its latest Arc7 ice-class LNG carrier to serve the increasing Arctic LNG production plans being developed by natural gas company Novatek.
Russian shipping line boosts revenues as LNG activities to expand with second Arctic project
Sovcomflot, the Russian shipping line with 16 LNG carriers and an overall fleet of 147 vessels, said its revenues rose by 5.7 percent in the third quarter amid expectations more newbuilds will be ordered to deliver cargoes from the second Arctic LNG export plant proposed by Novatek and its international partners.
Saipem joins Arctic LNG2
Saipem has signed an agreement with Technip France and NIPIgaspererabotka to participate in the Arctic LNG2 joint venture project.
French energy major Total doubles LNG sales and widens its future export projects horizon
French energy major Total said it doubled its first-quarter liquefied natural gas sales with the start-up of several projects as it put a price tag on its new Arctic LNG stake and signed up for two other key projects elsewhere.
China National Petroleum Corp. joins Novatek as partner in Russian Arctic LNG II joint venture
Novatek, the Russian operator of the Yamal LNG plant in Siberia, said a subsidiary of the Yamal LNG stakeholder, China National Petroleum Corp., has decided to become a shareholder in Novatek’s second liquefaction joint venture, Arctic LNG II.
Russian LNG producer Novatek plans to form own shipping company as part of expansion
Novatek, the independent Russian natural gas company and majority owner of the Yamal LNG plant, said it aimed to create an LNG shipping subsidiary called Maritime Arctic Transport as part of its strategy to build a second Arctic liquefaction plant and to produce total volumes of more than 50 million tonnes per annum.
Novatek confirms Saudi Aramco interest in joining Arctic LNG project on Gydan Peninsula
Novatek, the main shareholder in the Yamal LNG export project in Siberia and one of Russia’s largest natural gas producers, confirmed that Saudi Arabia’s energy company, Saudi Aramco, was interested in joining its Arctic LNG-2 export project as a partner.
Fluxys of Belgium signs accord to make sure Zeebrugge terminal benefits from Russian LNG
Belgian company Fluxys, owner of the Zeebrugge liquefied natural gas terminal at the port of Zeebrugge, has signed a cooperation accord with Russian natural gas company Novatek, the main shareholder in the Yamal LNG project, to make sure its regasification facility benefits from new Russian volumes and develops its small-scale project portfolio.
