Additional Tanker Supply Arranged in Russia Pipeline Crisis
Shareholders of two German refineries are arranging crude tanker shipments via the Baltic Sea in response to the halt of import flows on the Russian Druzhba pipeline, a spokesman for industry group MWV said on Thursday.He said that one tanker had been discharged in the Polish port of Gdansk to ship oil to the Leuna refinery while the German port of Rostock was preparing to receive a shipment to feed to the nearby Schwedt refinery.Both refineries had sufficient on-site inventories to keep operating for the time being…
Novatek, Fluxys to Build German LNG Terminal
Russian gas producer Novatek and Belgium's Fluxys joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock with a view to building and operating a mid-scale liquefied natural gas (LNG) storage terminal in the port.The envisaged facility is to unlock LNG as a low emission alternative for heavy fuel oil, diesel and LPG in North and Central Europe and the Baltic Sea area.The joint venture (Novatek 49% - Fluxys 51%) intends to build and operate a terminal for receiving and unloading mid-scale LNG carriers…
