Home » Breaking News, Economy, Europe, Social » Russia sends large ship with LNG gas to keep Britons from Freezing


Russia sends large ship with LNG gas to keep Britons from Freezing

 
 
 
 
submit to reddit

5a46052efc7e93652d8b4567

Russian tanker Christophe de Margerie has brought the first batch of liquefied natural gas (LNG) from Yamal to the United Kingdom. London had to urgently turn to Russian gas targeted by US sanctions due to supply outages.

A global positioning service puts the tanker in Harwich on Wednesday, although it had previously shown the ship was heading for the Isle of Grain port in Kent, where there is a regasification terminal.

Earlier this month, Novatek, one of the largest Russian gas producers, said that it sold the cargo of 170,000 cubic meters of LNG to Petronas LNG UK Limited (PLUK), the UK branch of Malaysia’s Petronas.

Yamal LNG, located in the Russian Arctic, is a joint project of Russia’s Novatek, France’s Total, China National Petroleum Corporation and the Silk Road Fund. Novatek holds a 50.1 percent share in the project. Its partners own 20 percent, 20 percent, and 9.9 percent respectively.

The UK was forced to turn to Russia due to shortages in gas supplies and a deep freeze that settled over the country at the time. Temperatures in central England fell to minus 13 degrees Celsius, which is nearly 15 degrees colder than the usual average December low.

The UK suffered gas shortages after the shutdown of the North Sea’s most crucial fuel transport route. Ineos, a private company which owns a key refinery near Aberdeen, said it found a crack in a vital 42-year-old oil and gas pipeline. The firm said that it would take two weeks to fix it.

The Yamal project is not directly sanctioned by the EU, but in support of US sanctions Brussels and London have imposed various restrictions on Russia that deprive its energy companies of finance and technology. The measures inevitably affect innovation and the development of new fields and supply mechanisms, which may ultimately compromise Russia’s ability to deliver gas to the rest of Europe.

The ice-breaking tanker is named after the former CEO of Total Christophe de Margerie who died in a plane crash in Russia. The tanker can carry up to 173,000 cubic meters of LNG.

Source

Please wait...


RELATED ARTICLES

Did you like this information? Then please consider making a donation or subscribing to our Newsletter.

Conversation Guidelines

Starting a conversation on our website is very easy, all you need to do is to write your name, email and the comment itself. No account is required to leave a comment. Your email won't be used for any purpose whatsoever, if you want, you can even write a fictitious email. Please keep it civil, try to refrain from slurs and insults. We offer Free Speech rights to our comment section but please take note that the comment section is moderated so certain comments may be held for moderation in case they triggered our automatic filters. If your comment is on hold for moderation and you can't see it anywhere there is no need to repost it. Don't worry, it doesn't mean it won't get approved. Please patiently wait and check back later.



Copyright © 2009 The European Union Times – Breaking News, Latest News. All rights reserved.