Breaking the ice: First LNG cargo from Russia’s Arctic arrives in Japan
The shipment was carried out in accordance with the long-term agreement with France's Total.
“Japan is an important LNG market and one of the priority destinations in our LNG marketing strategy,” said Novatek’s chairman of the management board Leonid Mikhelson.Also on rt.com Russia’s largest LNG project kicks into high gear
He added that further development of the logistical chain using the Northern Sea Route and a transshipment terminal in Kamchatka will expand LNG supplies to Japan “as well as strengthen trade and economic links between our respective countries.”
Novatek has already been shipping LNG to Brazil, China, India, and other countries. The company aims to expand its supply geography and increase the presence in key Asian markets.Also on rt.com From Arctic to Indian Ocean: First shipment of Russian liquefied natural gas arrives in India
The $27 billion Yamal LNG project began operations in 2017 and has already shipped ten million tons of the liquefied fuel. The LNG plant has three trains with an annual capacity of 17.4 million tons per year.
Besides Novatek, Yamal LNG’s shareholders also include France’s Total, China’s CNPC and the Silk Road Fund.
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