September 26, 2024 09:44 GMT
LNG: Sanctioned Russian LNG Vessel Crosses Suez for First Time
LNG
A loaded Russian LNG vessel recently sanctioned by the US is crossing the Suez Canal for the first time and likely headed to Asia, Montel said.
- The Pioneer, with a capacity of 138 mcm, started crossing the canal earlier this morning, Kpler data showed.
- It was likely heading towards Asia in what would be the first full cargo since the Houthi’s began disrupting Red Sea flows.
- The vessel is one of nine ships sanctioned by the US, believed to be part of the so-called Russian dark fleet.
- The Pioneer is carrying the first cargo loaded early in August from Arctic LNG 2.
- The ship is unlikely to deliver to Egypt or Jordan due to US sanctions.
- Montel recently reported that Russia may have to shut its Arctic LNG 2 plant soon if sanctions continue to hamper sales.
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