In a bold move, the US government has placed sanctions on two Indian companies for their alleged involvement in Russia’s massive Arctic LNG 2 project, which is part of the country’s major efforts to produce liquefied natural gas (LNG). These sanctions, announced on Thursday, target the Mumbai-based companies Gotik and Plio Energy, claiming they are linked to Russia's energy giant Novatek.

But what is Arctic LNG 2, and why are these companies being targeted?

What Is the Arctic LNG 2 Pr...