The sanctioned Arctic LNG 2 project in Russia has accelerated cargo loadings and shipments in recent weeks, in a sign that the facility has now found its first customer after more than a year, and new buyers may have emerged—all in China. Arctic LNG 2 is under sanctions by the United States, the EU, and the UK, which have also blacklisted many of the LNG vessels thought to be servicing the project’s output. The Russian export project has struggled for more than a year to find any buyer willing to risk secondary sanctions. It appears…
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