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Novatek considering Arctic LNG transhipments owing to US sanctions

The Russian gas producer has made no secret of its plans to develop transhipment hubs that will allow easier export of its Arctic LNG cargoes. But the impact of sanctions on Cosco Tankers appears to be forcing the company to pursue that avenue sooner than expected

Novatek’s Arctic LNG export facility is currently serviced by Cosco-affiliated vessels

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