Russia’s Novatek has given the first indication of the sailing times for LNG carriers shipping cargoes from its Arctic production facilities via two newly ordered transshipment vessels.

The two floating storage units will be sited at either end of the Northern Sea Route.

In a presentation during an LNG webinar organised by DMG events, Novatek chief financial officer Mark Gyetvay presented a slide that showed that it would take 12 days to complete a round trip from the Yamal and Gydan peninsulas to the LNG FSU planned for...