LNGSTS supervises 100th ship-to-ship LNG transfer in Arctic Circle

LNGSTS supervises 100th ship-to-ship LNG transfer in Arctic Circle

LNGSTS, a unit of Teekay Tankers said it has completed its 100th ship-to-ship liquefied natural gas transfer operation in the Arctic circle since the end of last year. 

Image courtesy of LNGSTS

The milestone operation was completed last week in Honningsvåg, Norway, the STS service provider said in a brief statement through its social media channels.

Since November 2018, LNGSTS has been working with the shipping partners of the Yamal LNG project in Russia to transfer cargoes from their Yamal ice-class fleet to conventional LNG carriers, for forward transit into global energy markets.

In just six months, the LNGSTS supervision team has completed 100 cargo transfers.

Russia’s largest independent natural gas producer Novatek operates the 17.4 mtpa Yamal LNG facility.

The first LNG Train began production in the fourth quarter of 2017 and Trains 2 and 3 in July 2018 and November 2018, respectively.

Besides Novatek, Yamal LNG’s shareholders include France’s Total, China’s CNPC and Silk Road Fund.