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MOL joins Novatek and JBIC on Arctic LNG transhipment project

Novatek and MOL first started trying out ship-to-ship liquefied natural gas transfers in November 2018. The formalisation of a transhipment hub each for the western and eastern markets suggests the concept is seen to be effective

Floating storage units located in Kamchatka and in Murmansk will be used for transhipment of LNG cargoes from Novatek’s Yamal LNG Project and Arctic LNG 2 Project

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