Not exact matches
Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese -
produced polar
drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and
technology.
The National Energy
Technology Laboratory explains that hydraulic fracturing
produces life - cycle greenhouse gas emissions that are about three percent higher than conventional natural gas
drilling.
It said it would be
drilling new wells, replacing undersea infrastructure, and introducing new
technologies to help it to
produce as much as possible from the area, whose future would be secured «until 2030 and beyond»
Companies finally started combining horizontal
drilling techniques with hydraulic fracturing completion
technology, there was no real way to effectively
produce it.
Finally, the Breakthrough Institute has
produced excellent evidence that government subsidies for speculative
technologies and research over at least 35 years have played a role in the development of the energy boom's key
technology enablers: 3 - D seismology, diamond
drill bits, horizontal
drilling, and others.