First LNG tanker Alexey Kosygin built at the Zvezda shipyard for transporting gas in Arctic conditions has been handed over to the customer, Sovcomflot. This is the lead vessel of a series of tankers that the Zvezda shipbuilding Complex is building for the Arctic LNG-2 project.

Novatek supplies LNG from the Arctic LNG-2 project to China at $7-8 per MBTU, sources told Reuters. At the same time, the market value of LNG in Asia is $11 per MBTU. The first batch of fuel was delivered to China on August 28. In total, the Chinese side received 14 shipments of LNG.

For the first time in many years, the Yamal LNG LNG plant approached winter without launching side-to-side transshipment operations off Kildin Island, although due to the ban on such operations in Europe, it should have already started. Lack of transshipment does not affect the current shipping schedule yet: Arc4 tankers continue to sail to Sabetta under the...

Novatek reported a 0.8% year-on-year increase in hydrocarbon production to 498.1 million barrels of oil equivalent for the first nine months of 2025, including 62.66 bcm of gas and 10.44 million tonnes of liquids. Gas sales declined by 0.6% to 55.8 bcm, while liquid hydrocarbon sales rose by 12.3% to 13.7 million tonnes. Processing of de-ethanized condensate...