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SAFETY4SEA

Russian LNG tankers cluster near Russia amidst ongoing sanctions

by The Editorial Team
November 1, 2024
in Shipping
arctic shipping

Above image is used for illustration purposes only / Credit: Shutterstock

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According to Bloomberg, tankers carrying sanctioned liquefied natural gas from Russia gathered off the country’s far eastern coast.

The vessels, Nova Energy, Pioneer and Asya Energy are all loaded shipments from the Arctic LNG 2 facility in northern Russia, which has been targeted by US sanctions, according to Bloomberg. Pioneer is now anchored off the port of Nakhodka, with the two other ships also nearby, ship-tracking data compiled by Bloomberg show. 

As Bloomberg reports, this is a sign of the difficulties in finding buyers in the midst of ever-tightening western restrictions.

RelatedNews

EU proposes 18th sanctions package against Russia

USTR softens fee proposals for LNG and car carriers

The ships’ journeys highlight the complications in trading gas from Arctic LNG 2, which began exporting fuel in August. None of the shipments have arrived at overseas ports.

Any inability to sell the gas would be a blow to President Vladimir Putin’s plans to use the Arctic to help expand the country’s trade potential, Bloomberg concludes. 

Russian LNG tankers cluster near Russia amidst ongoing sanctionsRussian LNG tankers cluster near Russia amidst ongoing sanctions
Russian LNG tankers cluster near Russia amidst ongoing sanctionsRussian LNG tankers cluster near Russia amidst ongoing sanctions
Tags: ArcticLNGLNG carriersRussiaSanctions
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