The Most Remarkable Natural Gas Deal Of 2018

13 Jan 2018   Russia, USA

The potential first delivery of Russian LNG to U.S. shores is ruffling some feathers, due to sanctions in place on Novatek, one of the partners in the Yamal LNG terminal – the apparent origin of the LNG heading to the Everett LNG terminal in Boston. While sanctions may still be in place with certain Russian entities, the U.S. is a regular recipient of Russian oil and products. The Yamal LNG terminal in Northern Russia is one of the biggest LNG projects in the world. Once running at full tilt, it will supply 16.5 million tons of LNG to the global market annually – heading predominantly to Asian and European markets. The below graphic from S&P Global, pilfered from Twitter , highlights the most common trade routes expected for the Yamal LNG. (Is quite the journey to Asia in the winter, 72 days…). (Click to enlarge) In terms of total […]

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