Mercurial Asian markets will challenge Arctic LNG
Booming Asian demand is a boon for the Arctic’s LNG projects. But it is not easy to predict where that demand will come from Booming Asian demand is a boon for the Arctic’s LNG projects. But it is not easy to predict where that demand will come from.
20 October 2017
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The ice-class LNG tanker Christophe de Margerie. (SCF)
The sailing of the Christophe de Margerie LNG carrier across the northern route from Europe to Asia in August left thousands of miles of broken ice in its wake, and widened the rift between industrialists and environmentalists.
But icebreaking LNG tankers carving eastwards through the Arctic Ocean will soon be a common, albeit controversial, sight. The Christophe de Margerie is one of 15 ‘ice-class’ vessels standing by to ship the fuel from Yamal LNG, which will start up in November.
Russia’s Novatek...
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