Russia’s Novatek may scale back Arctic LNG 2, focusing on Murmansk

Capt. John

Russian energy company Novatek looks to be scaling back its huge Arctic LNG 2 project after Western sanctions curbed its access to ice-class tankers. It will instead focus on developing its project at the ice-free port of Murmansk, reported Reuters, citing industry sources. Russia began focusing on developing global sales of seaborne LNG to make…

The post Russia’s Novatek may scale back Arctic LNG 2, focusing on Murmansk appeared first on Insurance Marine News.

Author: Capt. John

https://insurancemarinenews.com/insurance-marine-news/russias-novatek-may-scale-back-arctic-lng-2-focusing-on-murmansk/

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