The European Commission, after many delays in imposing updated sanctions on Russia over the Ukraine invasion has now banned from its ports LNG tankers of the Russian Sovcomflot shipping line, while also convening on June 25 the first meeting of the Conference on Accession of Ukraine to the European Union.
Japanese liquefied natural gas imports dropped by 12 percent in March even as cargo numbers remained stable from Australia and Asian nations and with thermal coal shipments falling by more than delivered LNG volumes amid ample stocks and lower demand for power generation.
Novatek, the Russian natural gas producer and LNG project operator and developer, reported first-quarter 2021 preliminary operating results showing that hydrocarbon production totalled 158.1 million barrels of oil equivalent.
Sovcomflot, the Russian shipping line with an overall fleet of 145 vessels, said its LNG carrier, the “Christophe De Margerie”, reached Cape Dezhnev in Russia’s Far East to complete the earliest annual eastbound voyage carrying a cargo along the Northern Sea Route.
China Merchants Energy Shipping (CMES), the energy ship operator of the Hong Kong-based China Merchants Group, said it planned to acquire stakes in LNG vessels dedicated to Russian Yamal LNG deliveries and the dry-bulk vessel assets of its subsidiary Sinotrans.