British trade group weighs domestic shale against Russian LNG

A British trade group said it's better to tap inland gas than be vulnerable to foreign suppliers, as a vessel docked with its first-ever cargo of Russian LNG.

First tanker for Yamal LNG starts voyage over Northern Sea Route

The first ice-class LNG carrier "Christophe de Margerie" to work within the Yamal LNG project framework entered the Kara Sea and started its first voyage along the Northern Sea Route (NSR), Yamal LNG company said on Tuesday.

Poutine compte sur de nouveaux projets de grande ampleur en Arctique

Le président russe Vladimir Poutine estime que le projet Yamal LNG revêt une grande importance, non seulement pour la Russie et l’Europe, mais aussi pour l’ensemble du secteur énergétique mondial, et espère que sa réalisation ira croissant.

Rosneft, Novatek, Gazprom to invest trillions of rubles in Russia's Yamal

Russian oil and gas majors Rosneft, Novatek and Gazprom plan to invest several trillions of rubles in the economy of Russia’s Yamal-Nenets Autonomous District within the nearest several years, the region’s governor Dmitry Kobylkyn said on Thursday.

Russian energy industry to lose $150-200 billion on fresh sanctions (to hit the plans to develop Arctic offshore fields)

Newly adopted Western sanctions against Russia will inflict at least $150-200 billion of losses upon the Russian energy industry, head of the advisory firm Creon Energy working in this field, Fares Kilzie, told ITAR-TASS.
“These are not some random sanctions - they are solely targeted against Russia’s and Russian energy sector’s sore points,” the expert said. “These are intercorporate sanctions that hit certain companies and certain interests.” In particular, sanctions against Rosneft hit the plans to develop Arctic offshore fields and liquefied natural gas (LNG) sector, while measures against Novatek are aimed at hampering plans with Yamal LNG project.

Further US Sanctions May Hamper Russia's Yamal LNG (Report)

Photo: www.arcticgas.gov

The Yamal liquefied natural gas (LNG) project in Russia's Arctic may come under threat, if Washington sanctions technology exports to the Russian oil and gas industry, a senior executive at France’s Total told the Financial Times Thursday. 

Yves-Louis Darricarrère, the head of Exploration and Production at Total, told the FT the project’s reliance on US technology highlights the interdependence of Russia and the rest of the world.
“Yes we need US technology,” Darricarrère said. “Oil and gas industry technology comes from many countries in the world. That’s why we need co-operation not confrontation.”
The CEO of Novatek, Russia's largest independent natural gas producer, Leonid Mikhelson, said Wednesday the West’s sanctions against Russia have not affected project financing plans.