PAO NOVATEK has announced that TC LNG Shipping L.L.C. is no longer considered a ‘Blocked Person’ under the US Department of the Treasury’s Office of Foreign Asset Control (OFAC) rules.
TC LNG is a joint venture (JV) that owns the Arc7 ice-class tankers used for the Yamal LNG project.
According to the statement, the JV consists of Teekay LNG and China LNG Shipping (Holdings) Ltd.