Lion’s share of Russia’s Arctic LNG destined for Asia

Russian gas producer

Russian gas producer Novatek has announced plans to ship 80 percent of the liquefied natural gas (LNG) from its Arctic LNG 2 plant to Asian markets via the Northern Sea Route.

According to the head of Novatek Leonid Mikhelson, “The plant’s three liquefaction lines with a total capacity of 19.8 million tons of LNG will be launched starting in 2023.”

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