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Korea Marker has hovered this month around three year lows of about 4 50 per million Btu Russia’s Arctic
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project and is aiming to construct at least one more Arctic gas project Much of the gas is aimed
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and lead partner in Yamal LNG a 27 billion Arctic gas project which loaded its first cargo in December
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and the Kremlin as Novatek develops the country’s Arctic gas reserves “Novatek’s strategy is driven by business
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that Western partners which it needs to help develop the deepwater shale and Arctic gas deposits that will fill
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will now work at the refinery which previously employed about 200 workers Russia will stop taxing Arctic
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into northeast Asian markets for a little over 3 per million Btu Russia sees more Arctic gas going
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of shipping liquefied natural gas to Asia lower prices there meant that Novatek has sent most of its Arctic
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in its second Arctic gas liquefaction project to Chinese partners equally split between a subsidiary
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LNG 2 would be east of Novatek’s first Arctic gas terminal Yamal LNG which started loading cargoes
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is expected to load its first cargo next month Novatek also proposes to build a second Arctic gas liquefaction
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to the terminal on the Gydan Peninsula It’s in contrast to Novatek’s first Arctic gas project Yamal LNG where
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Stream 2 offered a more direct route from Russia’s rich new Arctic gas fields to European customers
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tcf of Arctic gas Barents Observer; Norway; Jan 8 The remote Arctic Yamal and Gydan peninsulas
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however hinges on what Mitsubishi and Mitsui decide Novatek already operates one Arctic gas plant Yamal
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Nikkei Asian Review; March 4 Russia s push for Japanese participation in an Arctic gas project comes
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to make Russia’s Arctic gas competitive in the trade that turned Qatar into the richest nation per capita
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– Russia’s Arctic gas ambitions are under threat as international sanctions over the invasion of Ukraine
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update 1 gassco urges norway to boost arctic gas export capacity idUSL8N29I3N7 IEA says India’s gas
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Arctic gas project Arctic LNG 2 is about three years away Likely bidders for the new carriers