MarineLink News Search
Search term • Arctic LNG 2
Create an email alert for Arctic LNG 2
US-Sanctioned Russian LNG Makes Its Way to India
A cargo of liquefied natural gas from Russia's Portovaya plant on the Baltic Sea that is under U.S. sanctions is on its way to India, LSEG shipping data showed on Wednesday.If it reaches its destination, it would be the first such delivery to India since U.S. President Donald Trump last year said Prime Minister Narendra Modi had assured him India would stop buying Russian energy.India has never publicly confirmed any such pledge and has said its buying decisions are guided by price…
Gazprom Delivers Second Post-Sanctions LNG Cargo to China
Russian energy giant Gazprom has delivered a second post-sanctions LNG cargo from the Baltic Sea's Portovaya plant to China, LSEG data showed on Wednesday.The small-scale Portovaya plant, which has a production capacity of 1.5 million tons of LNG per year, started operations in September 2022.Exports from the plant have been interrupted by additional U.S. sanctions over the Ukraine war that were imposed…
Novatek Establishes Company to Build Vessels, Floating Facilities Amid Global Tanker Shortage
Russia's largest producer of liquefied natural gas Novatek has set up a company to build its own vessels and floating facilities, according to the state's registry of authorised companies, amid a shortage of gas tankers due to sanctions.Ilya Lushchikov, who is also head of Novatek's Murmansk LNG project, is in charge of the new company, called Severny Inzhiniring, or Northern Engineering, which was set up on March 25, according to the registry.Novatek did not reply to a request for comment.Weste
Russia's Threatens to Divert LNG Cargo From Europe, Options Limited
Russia's threat to halt liquefied natural gas (LNG) deliveries to Europe and divert cargoes to Asia would prove difficult to achieve because of its long-term contracts and need for more Arctic-class tankers, industry analysts said.President Vladimir Putin said in a TV interview early in March that Russia could stop gas supplies to Europe with immediate effect and seek longer-term commitments from other buyers.The impact of the U.S.-Israeli war on Iran has caused a surge in gas prices…
Iran War Sends LNG Prices Soaring, Curbing Asia Demand
The Iran war is upending the global LNG outlook as soaring prices, damage to major supplier Qatar's export infrastructure and potential delays to new supply raise doubts about previously expected demand from price-sensitive Asian buyers.Before the war, analysts expected global liquefied natural gas supply to rise as much as 10% this year to between 460 million and 484 million metric tons as new capacity, mainly in the U.S.
China Received LNG Shipments from Sanctioned Russian Projects
China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed.One shipment was from Portovaya and the rest were from the Arctic LNG 2 project, showed data from Kpler and LSEG.The U.S. and EU have sanctioned the projects to curb revenue reaching Russia following its invasion of Ukraine.Chinese…
Russia’s Arctic LNG 2 Loads Another Tanker
A liquefied natural gas tanker has left Russia's Arctic LNG 2 after loading a cargo there, according to data compiled by LSEG and analytics firm Kpler, as the project continues output despite Western sanctions over Moscow's war in Ukraine.The Christophe De Margerie tanker arrived at Arctic LNG 2 on October 17 and departed loaded on October 20, according to Kpler data. Shipping database Equasis lists the tanker's registered owner as Zelitiko Shipping…
Tanker Delivers Arctic LNG 2 Cargo to Chinese Port
A tanker carrying liquefied natural gas from Russia's Arctic LNG 2 project has discharged it at a Chinese port, according to data from analytics firms Kpler and Vortexa, continuing supplies despite Western sanctions against the project.The La Perouse tanker berthed at the Beihai LNG Terminal in China's southwestern region of Guangxi on October 9, after picking up a cargo from Arctic LNG 2 in late August.It left Beihai terminal on October 10.
What do Russia–China Dynamics Mean for the Icebreakers Market
The Arctic is no longer a remote expanse beyond the edges of global commerce — it is now a contested arena where strategic competition, energy development, and maritime innovation converge. As climate change accelerates sea ice retreat, previously impassable waters are opening to navigation for longer periods each year. This change unlocks shorter trade routes, exposes massive untapped hydrocarbon and minerals reserves…
Another Sanctioned LNG Carrier Berths at Arctic LNG 2
An LNG tanker targeted by U.S. sanctions berthed at Russia's Arctic LNG 2 on Thursday, shiptracking data from LSEG and Kpler showed, the fifth such tanker to stop at the project this year.Loadings resumed late in June at the Arctic LNG 2 project, which has been sanctioned over Moscow's war in Ukraine, with four cargoes heading east toward Asia via the Northern Sea Route on sanctioned tankers as well.The fifth…
LNG Cargoes from Sanctioned Arctic LNG 2 Project Flow East
Four liquefied natural gas (LNG) tankers carrying cargoes from Russia's Arctic LNG 2 plant, sanctioned over Moscow's war in Ukraine, are headed east toward Asia, according to ship tracking data from Kpler and LSEG.The Christophe De Margerie tanker is travelling along the Northern Sea Route after loading at Arctic LNG 2 on August 9, according to Kpler data. The tanker is currently off the northeast coast of Russia…
Russia's Arctic LNG 2 Continue Loadings with Sanctioned Tankers
An LNG tanker targeted by U.S. sanctions has berthed at Russia's Arctic LNG 2 plant, the fourth such vessel to do so this year, shiptracking data from Kpler and LSEG showed.The Christophe De Margerie tanker arrived unloaded at Arctic LNG 2 on August 9, showed Kpler data. The vessel was sanctioned by the U.S. Treasury department in January as part of a broader goal to target Russia's oil and gas revenues.The Arctic LNG 2 project…
First Russian-Built Ice-Class LNG Tanker to Enter Operations This Year
The first Russian-built ice-class tanker for liquefied natural gas is expected to go into operation in the second half of this year at the Arctic LNG 2 plant, Interfax news agency quoted tanker group Sovcomflot as saying on Wednesday.International sanctions over Ukraine have led to a shortage of tankers in Russia that can cut through thick ice, preventing Arctic LNG 2 from exporting cargo since the first stage of the plant started operation at the end of 2023.The tanker…
MOL Looks to Seize Opportunities as Trade Routes Shift Due to Tariffs
Mitsui O.S.K. Lines (MOL), Japan's second-largest shipping company, aims to capitalize on opportunities that emerge from a shift in trade routes driven by new U.S. tariffs, CEO Takeshi Hashimoto said.The highest U.S. tariffs in more than a hundred years came into force on Wednesday, roiling global markets."Trade routes will inevitably be reshuffled," Hashimoto told Reuters in an interview on Tuesday."We'll likely see increased trade from low-tariff countries and declines from high-tariff ones…
First Russian Ice-Class LNG Carrier Hits Water
The first Russian-built ice-class liquefied natural gas (LNG) carrier has entered sea trials, LSEG data showed on Friday, as part of Russia's efforts to raise global LNG market share despite U.S. sanctions.The tanker, named Alexey Kosygin after a Soviet statesman, was built at the Zvezda shipyard and is due to join the fleet of vessels for Russia's new Arctic LNG 2 plant, which has been delayed because of the U.S. sanctions over the conflict in Ukraine.The U.S.
Russia's LNG 'Shadow Fleet' Runs Full Steam Ahead
A sanctioned LNG tanker named "Mulan", which approached Novatek's SAAM FSU floating storage facility in Murmansk on December 21, is currently sailing around Northern Europe and heading towards Port Said in Egypt, according to LSEG data. The vessel is expected to arrive at its destination on January 6, 2025.Another LNG tanker, "Pioneer", has entered the transshipment zone at the Koryak FSU floating storage facility in Kamchatka…
Russian Arctic LNG 2 Project Partners are Sanction Targets
The United States has imposed sanctions on hundreds of entities and individuals for supporting Russia's war effort in Ukraine, including companies supporting the development of Russia's Arctic LNG 2 project and its shipment of liquefied natural gas (LNG), as well as other future energy projects.The Arctic LNG 2 project by Russia's Novatek is subject to Western sanctions over Russia's conflict with Ukraine.
Russia Opts for Ship-To-Ship LNG Transfers to Free Up Ice-Class Tankers
Russia plans to arrange ship-to-ship transfers of liquefied natural gas and gas condensate in the Barents and Bering Seas to free up more ice-class tankers for its biggest LNG producer, Novatek, a draft project document showed on Tuesday.Novatek has been pressing ahead with its new Arctic LNG 2 project despite Western sanctions restricting access to the tankers it needs to carry LNG along the Northern Sea Route to Asian markets.
LNG Carriers Shift Away from Arctic Routes as Winter Nears
Ships carrying Russian liquefied natural gas (LNG) to Asia are returning to the longer routes around Africa's Cape of Good Hope rather than those along the Arctic shore as the winter season begins, LSEG data showed on Thursday.Russia's new Arctic LNG 2 project also lacks enough ice-class gas carriers to continue navigation along the Northern Sea Route, although some such tankers still sail it.According to LSEG data, the conventional gas tanker LNG Megrez loaded at Yamal LNG plant on Oct.
Russia Looks Into Nuclear-Powered Submarines as Alternative for Gas Export
Russia has begun designing nuclear-powered submarines to export liquefied natural gas (LNG) from the Arctic to Asia to try to nearly halve the journey time along the Northern Sea Route (NSR), a senior state official has said.Russia already uses nuclear-powered ice breakers to pave the way for such transport via the NSR, which runs along Russia's Arctic shores from Murmansk in the west to the Bering Strait in the east…
