Russia is secretly amassing a “dark fleet” of tankers to ship its LNG, mirroring the shadow fleet it created for oil exports to dodge Western sanctions. Bloomberg reveals that obscure shipping firms from Dubai have acquired several LNG vessels, with some already approved to navigate Russia’s Arctic routes. This stealthy
China’s Wison New Energies recently announced a sudden halt to their Russian projects, citing strategic concerns for their company’s future. This decision, made in response to US sanctions on Russia’s LNG industry, includes backing out of constructing crucial modules for Russia’s Arctic LNG 2 project. This project is pivotal for
Russia will begin year-round LNG shipments via the Arctic route of the NSR, a transit route spanning the entire length of Russia’s Far East and Arctic territories within its exclusive economic zone. Sergey Zybko, the head of the Northern Sea Route (NSR) operator, revealed this week that Moscow intends to
Sefe’s CEO, Egbert Laege, announced that Germany has signed a long-term deal with the U.S. to replace Russian gas with LNG from Venture Global LNG. Germany’s state-controlled firm Securing Energy for Europe (Sefe) has signed a 20-year deal with Venture Global LNG to import 2.25 million tons of LNG per year from
The ‘Arctic Silk Road’ has come alive as Bloomberg ship-tracking data shows that Russia has sent the first LNG tanker, Fedor Litke, to Asia this year. This year, Russia shipped its first liquefied natural gas cargo via the Northern Sea Route (NSR) in the Arctic onboard the vessel Fedor Litke.