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Russia Arctic LNG 2 Keeps Running at Low Rate Despite Sanctions

LNG

Russia’s Arctic LNG 2 project has continued running despite US sanctions, albeit well below capacity, Bloomberg said.

  • The plant processed 104 mcm of natural gas in March, although it isn’t specified whether all those volumes were liquified.
  • While volumes are up around 80% on February levels, they are well below January and December levels.
  • Arctic LNG 2 has been hampered by US sanctions in place since November, which has forced out investors and hampered deliveries of specialist ice-class tankers needed to export from the facility.
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Russia’s Arctic LNG 2 project has continued running despite US sanctions, albeit well below capacity, Bloomberg said.

  • The plant processed 104 mcm of natural gas in March, although it isn’t specified whether all those volumes were liquified.
  • While volumes are up around 80% on February levels, they are well below January and December levels.
  • Arctic LNG 2 has been hampered by US sanctions in place since November, which has forced out investors and hampered deliveries of specialist ice-class tankers needed to export from the facility.