𝐅𝐨𝐫 𝐭𝐡𝐞 𝐅𝐢𝐫𝐬𝐭 𝐓𝐢𝐦𝐞, 𝐆𝐚𝐳𝐩𝐫𝐨𝐦 𝐒𝐡𝐢𝐩𝐬 𝐋𝐍𝐆 𝐭𝐨 𝐂𝐡𝐢𝐧𝐚 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐞 𝐀𝐫𝐜𝐭𝐢𝐜 𝐒𝐞𝐚

For the first time, Russian energy giant Gazprom has shipped liquefied natural gas to China via the Arctic Northern Sea Route, cutting shipping times by more than a week compared to the traditional route via Egypt’s Suez Canal. Russia has long considered this route, which begins in Murmansk on its western border with Norway and continues eastward to the Bering Strait in Alaska, to be a viable substitute for the Suez Canal. Oil and gas shipments to Asia are likely to expand thanks to this route as European customers reduce their energy dependence on Russia in the wake of the conflict in Ukraine. Despite a decline in the European market, Gazprom, a cornerstone of the Russian economy, plans to keep LNG exports at the same level. Data shows that on August 14th, the LNG on the Velikiy Novgorod tanker was supplied by the Portovaya LNG plant in the Baltic Sea.

The Tangshan Caofeidian terminal in Hebei province is near by now that it has docked.

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