Russian Arctic LNG project to name shippers, ports in March

Russia's $27B Yamal liquefied natural gas project, developed jointly by Total (TOT), China National Petroleum (SNP) and Russia's gas producer Novatek, reportedly will name by next month the shipping companies that will move LNG on icebreaking tankers from the Arctic to ports in Europe and Asia.

Two vessels have been commissioned so far; bidders for 14 more vessels include Dynagas (DLNG), Teekay LNG Partners (TGP), Golar LNG (GLNG) and a Chinese consortium.

The giant LNG plant at the remote Yamal Peninsula is one of the world's biggest gas projects and Russia's first foray to extract the vast natural resources that lay below the Arctic ice.

From other sites
Comments (1)
  • al roman
    , contributor
    Comments (16949) | Send Message
    Note worthy !
    20 Feb 2014, 09:34 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs