Tag Archives: Arctic

Russia’s Novatek recently halted operations at its Arctic LNG 2 project, and it has no plans to restart it this winter, according to an anonymous Reuters source familiar with the matter. The development is a significant setback for the country’s gas ambitions. This project, primarily located on the Gydan Peninsula …

Constructions of the second and the third vessels is underway. and they are expected to be delivered at the end of September 2018 and September 2019 respectively.

The Arctic has been in focus in recent years amid the deterioration of relations between Russia and the Western powers amid the Ukrainian crisis.

Global warming has made the northern passage along Europe and Asia navigable for longer periods in recent years.