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VisitRussia Loads First Arctic LNG 2 Cargo on ‘Shadow Fleet’ Vessel to Evade US Sanctions
Aug 4, 2024, 08:50 AM
Russia has reportedly loaded its first Arctic LNG 2 cargo onto a 'shadow fleet' vessel, according to multiple sources. Satellite images confirm that a large vessel docked at Russia’s liquefied natural gas export plant in the Arctic at the end of last week. This move appears to be an effort to circumvent US sanctions, which have hindered Russia's ability to start exports from the Arctic LNG 2 project. Ship data show no carriers in the area, suggesting a strategic approach to bypassing these US measures.
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Markets
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Official export data from Russian authorities or third-party trade data
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