Free Trial

LNG: Russia Has Pitched Arctic 2 LNG Cargoes To India

LNG

Russia has pitched sanctioned Arctic LNG cargoes to Indian buyers, Bloomberg reports. 

  • Government officials and senior executives from Novatek PJSC, which leads the Arctic LNG 2 export plant, spoke with counterparts during the India Energy Week conference.
  • The talks touched on the potential sale of volumes from Arctic LNG 2, although Indian buyers have not agreed to purchase the fuel, according to Bloomberg sources.
  • Operations at Novatek’s Arctic LNG 2 project have been halted since US sanctions were implemented in October 2024. 
82 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Russia has pitched sanctioned Arctic LNG cargoes to Indian buyers, Bloomberg reports. 

  • Government officials and senior executives from Novatek PJSC, which leads the Arctic LNG 2 export plant, spoke with counterparts during the India Energy Week conference.
  • The talks touched on the potential sale of volumes from Arctic LNG 2, although Indian buyers have not agreed to purchase the fuel, according to Bloomberg sources.
  • Operations at Novatek’s Arctic LNG 2 project have been halted since US sanctions were implemented in October 2024.