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US$1.6 billion ship deal will put Russian LNG on fast track to China

A joint venture between China LNG shipping and Teekay LNG has reportedly signed a US$1.6 billion deal to finance six LNG carriers, which will service Russia’s Yamal LNG project. The carriers, currently being built by South Korea’s Daewoo, can operate the northern route from the Yamal peninsula to destinations on Asia-Pacific market without icebreaker assistance, […]