The LNG was delivered by sea in Tiger Gas-owned ISO containers from the Japanese Hibiki container terminal to Shanghai, China under a spot contract.
“Together with our partners, we have successfully completed our first trial delivery of LNG in ISO containers to China,” noted Lev Feodosyev, NOVATEK’s First Deputy Chairman of the Management Board. “It is forecasted that ISO containers of LNG will exponentially increase over the upcoming decades, allowing us to diversify our customer base by including small-scale LNG consumers and entering the downstream markets in China and Japan.”