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Page added on March 27, 2018

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Russian Arctic natural gas comes to India

Russian Arctic natural gas comes to India thumbnail

It was the first ever shipload of Russian Arctic LNG to India. And more is to come.

According to Lev Feodosev, Deputy Chairman of Novatek’s Management Board, the Asian market is considered of major importance for the company’s LNG project in Yamal.

«One of our main priorities, which is laid down in the company’s strategy until year 2030, is the geographic expansion of deliveries and enhanced presence in key Asian markets,» he says.

«The first delivery of LNG to the growing Indian market is an important first step in this direction».

Since Novatek launched production at its Yamal LNG plant, out-shipments of more than one million tons of liquified gas has been made. A total of four brand new and powerful LNG carriers now shuttle to and from the project terminal of Sabetta, and another 11 vessels of the kind are under construction.

The ships have powerful icebreaking capacities and are able to ship along the Northern Sea Route during major parts of the year. In late December 2017, the «Eduard Toll» made it through the Bering Strait and all way way to the Yamal Peninsula without icebreaker assistance.

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Novatek on 5th December 2017 officially started production at the unique plant, and President Vladimir Putin arrived on site on the 8th December as the first LNG carrier was loaded with liquified natural gas.

When all three production trains are in operation, production will be boosted to at least 16,5 million tons per year.

A total of $27 billion is being invested in the project, of which $13 billion from the shareholders, $4 billion from Russian banks and $12 billion from Chinese banks. It is operated by Novatek in cooperation with partners Total (20%), CNPC (20%) and the Silk Road Fund (9,9%).

Map by Yamallng.ru

 

thebarentsobserver.com



8 Comments on "Russian Arctic natural gas comes to India"

  1. dissident on Tue, 27th Mar 2018 7:00 pm 

    Good. Alternative markets to the EU haters are needed. The EU can go and buy its gas from “reliable” sources for 50% or higher prices or burn more coal like Germany. In other words, the EU can go and fly a kite.

  2. Cloggie on Tue, 27th Mar 2018 8:46 pm 

    “In other words, the EU can go and fly a kite.”

    The EU is not yet ready to break with the “Great Satan”, but the truth is that even staunch US-ally Merkel continues to do business with Russia behind closed doors. Putin knows that and has patience with both Germany and France and knows that time is on Russia’s side. He only has to wait for pro-Russian populists in Europe to gain in strength. The coming Greater European Confederation Putin is aiming for…

    https://documents1940.wordpress.com/2017/12/03/paris-berlin-moscow/

    https://documents1940.wordpress.com/2018/03/20/vladimir-putin-about-german-russian-reconciliation/

    …will be built on the ruins of empire.

    Here a new 4 hour documentary about Putin, recently broadcasted on Russian MSM, including interviews with European pro-Putin politicians like former chancellor Schroeder and Italian pm Berlusconi, who could be back in political business soon:

    https://russia-insider.com/en/its-here-putin-extraordinary-new-documentary-english-subtitles-video/ri22884

  3. Jef on Tue, 27th Mar 2018 9:04 pm 

    More yeast for the biggest petri dish on the planet.

  4. Sissyfuss on Wed, 28th Mar 2018 3:53 pm 

    Clogtropy, why don’t you go visit Berlusconi and let him bunga bunga you back to reality.

  5. Davy on Wed, 28th Mar 2018 4:11 pm 

    Of course Berlusconi will be interested in a Eurotard Army. There will be plenty of opportunities to siphon off lose Eurotard money. That’s all the mighty Eurotard army will be is a big cash cow.

  6. Cloggie on Wed, 28th Mar 2018 4:47 pm 

    Should you not worry about your owners, Meathead and how they are going to throw you in a war against Iran and by proxy against Russia and China?

    https://www.counter-currents.com/wp-content/uploads/2018/03/3-28-18-5.jpg

    What is poor little Europe going to do without protector, if he and China and Russia have destroyed each other?

    Rule the world of course, like we have done for centuries.lol

  7. Kenz300 on Thu, 29th Mar 2018 12:18 pm 

    India needs to focus on solar energy.

    The less costly energy they have to import the better.

    Now if they could only slow their population growth and have it more in line with what is sustainable they would be better off.

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