LNG

A leak of natural gas from the blocked Russian Nord Stream II link to Germany that was never brought on line but was fully primed to start up has led Denmark to advise Baltic Sea shipping not to come within 5 kilometres of the pipeline.

Novatek, the Russian natural gas company and LNG operator and developer, said the Arctic LNG II project on the Gydan Peninsula had reached a project financing agreement among the joint venture shareholders from Russia, France, China and Japan.