Germany Signs Preliminary Deal To Ramp Up LNG Import Capacity
The German federal government has signed two memoranda of understanding with the country’s top gas utilities for the delivery of two floating LNG import terminals.
Russian oil export duty down $1 to $52/tonne from September 1
The crude oil export duty in Russia will be reduced by $1 to $52 per tonne from September 1, 2020, the Finance Ministry said on Monday.
Novatek’s LNG tanker sets new record for passage via Northern Sea Route
The Arc7 ice-class LNG tanker “Vladimir Rusanov” owned by Russian independent gas producer Novatek, transited the ice-covered part of the Northern Sea Route in only six days, setting a new record for independent passage via the route without ice-breaking support with cargo on board, Novatek said in a press release.