TOKYO -- Japanese marine shipper Mitsui O.S.K. Lines is breaking new ground in the Arctic Circle by teaming up with one of Russia's largest natural gas producers to export the fuel through the icy seas rather than pipeline, in a venture that promises lower costs but also risks running afoul of American sanctions on Moscow.
Energy
Russia looks to Japan icebreaking tankers to unlock Arctic gas
MOL-Novatek venture would transport LNG via northern routes
Mitsui O.S.K.Lines will embark on a LNG project that will cut costs of shipping the resource from the Arctic.
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