Russian natural gas company Novatek, operator of the Yamal LNG export plant in northern Siberia, confirmed the completion of the first ship-to-ship LNG trans-shipment in the Kildin Strait of the Barents Sea, an area that came to prominence for a naval incident involving two nuclear-powered submarines in the post-Cold War era.

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Teekay LNG Partners, the US-listed tanker fleet owner and operator of about 50 LNG vessels, reported record net earnings after an eventful third quarter when it was briefly caught up in the Iran oil sanctions issue amid the delivery of more LNG newbuilds and ahead of the start-up by year-end of the Bahrain regasification project.

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An area off the coast of Russia to the north of the port of Murmansk in the Barents Sea is being prepared by Russian natural gas company Novatek and the authorities for Yamal LNG trans-shipments for the winter supply season when the Northern Sea Route is closed and extra shipping is also required for high volumes and long shuttle trips.

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