The approach of LNG is something rather new; it is the chicken and the egg issue. Do we need firstly the terminal, do we need firstly the fuel, do we have the appropriate ships? In order to take the decision, we need both the ships and also the terminals for LNG. I would like to highlight the important factors to be considered; social perception, financial issues, regulatory and authorization aspects, logistics scenario and the technical solutions.
Russia Draws up Business Plan to Revive the Northern Sea Route
March 15, 2013 by Leave a Comment
The Northern Sea Route (NSR) gradually becomes an important transport corridor: latest navigation season set a new record in the number of vessels. The Russian energy giant Gazprom successfully completed world’s first LNG supply via the route. What are the economic reasons behind this ambitious project?