Russia Prepares Earliest-Ever Arctic LNG Shipment to Asia

Bloomberg Quint | Jan 18, 2021 at 2:53 PM
  • Russia is preparing to make the earliest-ever shipment of liquefied natural gas to Asia, taking advantage of thinning ice in the Arctic Ocean and paving the way for a record-long navigation season this year.
  • The warming allowed Novatek to send an eastbound LNG cargo via the NSR with ice-breaker support in late May in 2020 — the earliest start to the navigation season in the area so far.
  • The tankers, scheduled to deliver the super-chilled cargoes to China in late January, will use an ice-breaker on their return to Russia across the passage in February.