Yamal LNG tanker no longer under sanctions

摘要

Teekay LNG's tanker venture, the Yamal LNG JV, is no longer subject to U.S. sanctions after a change of ownership at its partner China LNG Shipping (Holdings) Ltd. Teekay LNG and China LNG Shipping each own half of the Yamal LNG JV. The JV company owns four specialized ARC7 LNG tankers, or "ice class carriers," which ship LNG from Yamal LNG, the massive production facility operated by Russian independent gas producer Novatek in the Russian Arctic.