Novatek Ships First LNG Cargo to UAE

Russian gas company Novatek has said it has shipped its first LNG Cargo to the United Arab Emirates.

Novatek said Friday that the cargo was shipped from the Yamal LNG project by its subsidiary NOVATEK Gas & Power Asia under a spot contract.

"The LNG cargo was transshipped in Europe onto the conventional LNG tanker “Yamal Spirit” and delivered to the Jebel Ali LNG Terminal in accordance with the contract’s delivery schedule," Novatek said.

“With our first shipment to the United Arab Emirates, we are expanding the geography of our LNG supplies,” noted Lev Feodosyev, NOVATEK’s First Deputy Chairman of the Management Board. 

"The high-quality resource base in the Russian Arctic region, state-of-the-art technologies implemented by NOVATEK's LNG projects, and our proven logistics solutions ensure cost-competitive supplies to almost any global LNG markets."