Russian company Novatek has signed a cooperation agreement with the Kamchatka Territorial Government for the construction of an offshore LNG reloading terminal, the company said in a statement on Monday.
The facility will reload LNG from Arctic ice-class tankers to conventional LNG tankers on the east coast of the Kamchatka Peninsula.
"The construction of a sea terminal facility for reloading operations will optimise the logistics of LNG supplies from the Arctic region, stimulate usage of the Northern Sea Route, and create a new LNG supply hub for...
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