Russia and China Unfazed by Sanctions in Booming LNG Trade

An LNG tanker has loaded fuel from a sanctioned Russian export project on the Baltic Sea, vessel-tracking data showed on Monday, as Russia and China are boosting their mutually beneficial LNG trade unfazed by the Western sanctions. The Kunpeng tanker, which is not blacklisted, has loaded LNG from Portovaya, a small export plant on the Baltic Sea run by Russia’s gas giant Gazprom, and departed with the cargo on December 21, according to ship-tracking data from analytics firm Kpler and from LSEG cited by Reuters. Portovaya, Gazprom’s…