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Russia Tries Again to Expand LNG Exports Upended by Sanctions
- Satellite images on June 25 show flaring at Arctic LNG 2 as Russia resumes efforts to expand LNG exports after U.S. sanctions stalled efforts last year, with the first vessel docked since October.
- Last year, U.S. sanctions on Arctic LNG 2 ships and companies led to halted exports and buyer hesitation due to retaliation threats.
- At least 13 ice-class LNG ships, including the Iris, have been marshaled, with some changing management to obscure ownership, supporting Russia's expanded Arctic LNG efforts.
- Market watchers anticipate whether Arctic LNG 2 can secure buyers, as additional exports may influence global gas prices and supply dynamics.
- Satellite images on June 25 show flaring at Arctic LNG 2 as Russia advances efforts to expand LNG exports amid Western sanctions, with a focus on fleet deployment and buyer challenges.
26 Articles
26 Articles
Canada's liquefied natural gas touted, and doubted, as a green 'transition' fuel
Canada's first liquefied natural gas cargoes will soon arrive on Asian shores, a milestone touted - and doubted - as a boon for global emissions-cutting efforts. "Cleaner energy around the world is what I think about when I think about LNG," Shell Canada country chair Stastia West said in ...
Russia wants to become one of the top LNG manufacturers. Heavy sanctions hinder this. Nevertheless, the Kremlin is launching an important LNG project.
The Kyiv Independent
einnews.comRussia reviving efforts to expand LNG exports after US sanctions, Bloomberg reports
Russia is making another attempt to expand its exports of liquefied natural gas (LNG) after U.S. sanctions disrupted production at its flagship Arctic LNG 2 plant, Bloomberg reported on June 28. Arctic LNG 2, owned by the Russian company Novatek, was envisaged as Russia's largest LNG plant and aimed to produce almost 20 million metric tons of LNG per year. The U.S. State Department targeted the Arctic LNG 2 project with sanctions in 2024. An LNG…
Colorado Springs Gazette
Russia tries again to expand LNG exports upended by sanctions
Russia is taking another crack at expanding exports of liquefied natural gas after U.S. sanctions stalled efforts last year.
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