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phantom power

(25,966 posts)
Thu Nov 8, 2012, 02:10 PM Nov 2012

Gazprom tests LNG trade route via Arctic waters

Nov 8 (Reuters) - The trading arm of Russia's Gazprom is testing a new liquefied natural gas (LNG) trade route between Europe and energy-hungry markets in Asia as shrinking sea-ice opens Arctic waters to marine traffic.

Gazprom is sending the LNG tanker Ob River from the world's northernmost liquefaction plant in the Barents Sea to Japan, a voyage to test the feasibility of cutting transit times to Asia, which would boost Russian plans to build an LNG plant in the Arctic.

The route is currently open only four months of the year.

http://www.reuters.com/article/2012/11/08/russia-lng-arctic-idUSL5E8M8I1Z20121108
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