LEO Network

14 January 2021 / High North News

Record Cold Winter in Asia Sends Russian LNG Via Arctic to Japan

Uelen, Chukotskiy Avtonomnyy Okrug, Russia

Cold temperatures and traffic congestion at the Panama Canal has resulted in a shortage of natural gas and exploding prices in parts of Asia. Now, Novatek aims to send LNG from the Arctic to Japan during the middle of winter in an untested high-risk, high-reward strategy. 

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