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1436

Russia's LNG shipment will be delivered to the U.S. on January 22

A customer on the U.S. East Coast to be importing a cargo of LNG that include product fromYamal facility.

Russia's LNG shipment will be delivered to the U.S. on January 22


In an unusual reversal, a customer in the northeast of the US appears to be importing a cargo of LNG that could include product from Novatek's Yamal facility in the Russian Arctic.

The Gaselys tanker is due to arrive in Boston on 22 January after loading fuel from storage tanks at the UK’s Isle of Grain. The vessel docked at Grain shortly after the terminal near London received the 1st cargo from Russia’s $27-billion Yamal LNG plant.

«Not many people had expected the U.S. to turn to Europe for natural gas this winter. Yet the polar chill that gripped the U.S. East Coast this month, and sent spot prices to records, has led to a tanker loading a cargo of LNG in the UK for Boston, some of which was likely produced by a U.S.-sanctioned project in Siberia,» Bloomberg reported.

The market shouldn’t see any irony in this cargo going to the United States, said James Henderson, director of the natural gas research program at the Oxford Institute for Energy Studies.

«It’s a normal trade,» he said. «LNG is supposed to travel globally to where the demand is.»

It would be the 1st time gas has been shipped from Britain to the US Prices in the U.S. Northeast have soared in the last 7 days after a massive snowstorm battered the East Coast.

To read the news in Russian.


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