Gazprom said the LNG carrier Veliky Novgorod, which departed from the LNG terminal at Portovaya outside the western city of St. Petersburg on August 14, finished offloading its cargo at the northeastern Chinese port of Tangshan in Hebei province on Friday.
Private conglomerate Novatek, the number two natural gas producer in Russia after Gazprom, used the same route for deliveries to China in 2018.
“This route significantly reduces the time required for LNG deliveries to Asia-Pacific countries,” Gazprom said.
Gazprom, a pillar of the national economy, is looking to maintain LNG delivery volumes following a slowdown in European deliveries as Russia is hit by Western sanctions on Ukraine.
Gazprom’s net profit fell eightfold in the first half of the year to $3 billion.