Novatek said the Yamal LNG joint venture completed its first ship-to-ship transfer of LNG near the Norwegian port of Honningsvag in a maneuver that lowers transport costs for deliveries from the liquefaction plant at Sabetta in the Russian Arctic (OGJ Online, Aug. 9, 2018).
The Arc7 ice-class Vladimir Rusanov reloaded cargo from Yamal LNG into the Pskov vessel, which has a lower ice class, for onward delivery in Northwest Europe.
Leo Feodosyev, first deputy chairman of Novatek’s management board, said LNG transshipment “allows us to optimize our transport costs by decreasing the travel distance of the Arc7 ice-class tankers and to ensure timely offloading of LNG from [the] Yamal LNG project.”
Other Yamal LNG partners are Total, China National Petroleum Co., and Silk Road Fund.
