Allowing ship-to-ship transfers in Norwegian waters from Yamal in Arctic Russia, one of the world’s largest liquefied natural gas (LNG) terminals, undercuts Europe’s energy diversification efforts, the U.S. State Department said on Friday. By transferring LNG to more conventional tankers in Norway, the Arctic vessels cut in half the distance they would cover to deliver gas to Europe, enabling more frequent shipments from the Novatek terminal and increasing Russia’s gas exports. Last week, the first such transfer took place off the Norwegian Arctic port of Honningsvag. Asked what was the U.S. position on the activity in Norwegian waters, the U.S. State Department told Reuters: “At a time when Russian gas comprises a growing proportion of […]