Vladivostok, September 4 - Neftegaz.RU. Today, during the Eastern Economic Forum in Vladivostok, Novatek and Sovcomflot, signed the Heads of Agreement on creating a joint venture.
“The efficient development of the Northern Sea Route as a viable, year-round navigational route requires consolidating experience in ice navigation, applying new technological solutions, and implementing the best international standards for navigational safety and training,” noted Leonid Mikhelson, Novatek’s Chairman of the Management Board.
“An optimized model of transporting LNG from the Russian Arctic region via the Northern Sea Route to major global markets, including the Asia-Pacific region, will support the successful implementation of Novatek’s Arctic LNG projects as well as reaching the goal set by the Russian President to ensure an increase in annual cargo traffic along the Northern Sea Route to 80 million tons in 2024”, Mikhelson added.
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