First tanker of Russian gas arrives in UK to keep Britons from freezing
London had to urgently turn to Russian gas targeted by U.S. sanctions due to supply outages.
Earlier this month, Novatek, one of the largest Russian gas producers, said that it sold the cargo of 170,000 cubic meters of LNG to Petronas LNG UK Limited (PLUK), the UK branch of Malaysia's Petronas.
Yamal LNG, located in the Russian Arctic, is a joint project of Russia's Novatek, France's Total, China National Petroleum Corporation and the Silk Road Fund. Novatek holds a 50.1 percent share in the project. Its partners own 20 percent, 20 percent, and 9.9 percent respectively.
The UK was forced to turn to Russia due to shortages in gas supplies and a deep freeze that settled over the country in recent weeks. Temperatures in central England fell to minus 13 degrees Celsius, which is nearly 15 degrees colder than the usual average December low.
The UK suffered gas shortages after the shutdown of the North Sea’s most crucial fuel transport route. Ineos, a private company which owns a key refinery near Aberdeen, said it found a crack in a vital 42-year-old oil and gas pipeline. The firm said that it would take two weeks to fix it. ■