Latest news with #Voskhod
Time of India
5 hours ago
- Business
- Time of India
LNG cargoes from sanctioned Arctic LNG 2 project travel east, data shows
Singapore: Four liquefied natural gas (LNG) tankers carrying cargoes from Russia's Arctic LNG 2 plant, sanctioned over Moscow's war in Ukraine, are headed east toward Asia, according to ship tracking data from Kpler and LSEG. The Christophe De Margerie tanker is travelling along the Northern Sea Route after loading at Arctic LNG 2 on August 9, according to Kpler data. The tanker is currently off the northeast coast of Russia, the data showed. LNG tankers Voskhod and Zarya, which loaded on July 16 and 29 respectively and had been idling near Arctic LNG 2, started traveling eastward on August 15, the data showed. Meanwhile, the Iris tanker which headed west after loading at the Arctic LNG 2 project on June 26 made a U-turn in early July and is now also sailing east. The four LNG tankers are subject to U.S. sanctions as part of a broader goal to curb Russia's oil and gas revenues. Companies can face fines or penalties for doing business or trade with sanctioned entities. Reuters previously could not find contact information for the registered owners and ship or commercial managers for the four tankers when they loaded the cargoes from the Arctic LNG 2 project this year. Arctic LNG 2, which is 60%-owned by Russia's Novatek , was set to become one of the country's largest LNG plants, with eventual output of 19.8 million metric tons per year. But its prospects have been clouded by the sanctions and it has struggled to sell LNG from the project. Last year, the project loaded eight cargoes onto several sanctioned LNG vessels, according to Kpler data, with some vessels discharging the fuel at two storage facilities. One is near the Arctic port of Murmansk, and the other is in Russia's Pacific peninsular of Kamchatka in the east.
Al Arabiya
10 hours ago
- Business
- Al Arabiya
LNG cargoes from sanctioned Arctic LNG 2 project travel east, data shows
Four liquefied natural gas (LNG) tankers carrying cargoes from Russia's Arctic LNG 2 plant, sanctioned over Moscow's war in Ukraine, are headed east toward Asia, according to ship tracking data from Kpler and LSEG. The Christophe De Margerie tanker is travelling along the Northern Sea Route after loading at Arctic LNG 2 on August 9, according to Kpler data. The tanker is currently off the northeast coast of Russia, the data showed. LNG tankers Voskhod and Zarya, which loaded on July 16 and 29 respectively and had been idling near Arctic LNG 2, started traveling eastward on August 15, the data showed. Meanwhile, the Iris tanker which headed west after loading at the Arctic LNG 2 project on June 26 made a U-turn in early July and is now also sailing east. The four LNG tankers are subject to US sanctions as part of a broader goal to curb Russia's oil and gas revenues. Companies can face fines or penalties for doing business or trade with sanctioned entities. Reuters previously could not find contact information for the registered owners and ship or commercial managers for the four tankers when they loaded the cargoes from the Arctic LNG 2 project this year. Arctic LNG 2, which is 60 percent-owned by Russia's Novatek, was set to become one of the country's largest LNG plants, with eventual output of 19.8 million metric tons per year. But its prospects have been clouded by the sanctions and it has struggled to sell LNG from the project. Last year, the project loaded eight cargoes onto several sanctioned LNG vessels, according to Kpler data, with some vessels discharging the fuel at two storage facilities. One is near the Arctic port of Murmansk, and the other is in Russia's Pacific peninsular of Kamchatka in the east.
Mint
12 hours ago
- Business
- Mint
US-Sanctioned Russian LNG Heads to Asia in Search for Buyers
Several liquefied natural gas tankers are heading to Asia from a Russian export facility sanctioned by the US, potentially testing Washington's resolve to crack down on the trade amid high-level talks over the war in Ukraine. The Iris and Voskhod vessels, which are carrying shipments from the Arctic LNG 2 plant in Siberia, began traveling to North Asia via the Northern Sea Route on Aug. 15 after being idled for weeks, according to ship-tracking data compiled by Bloomberg. Two other tankers that recently loaded at the plant also started heading toward Asia last week. Arctic LNG 2, led by Novatek PJSC, is instrumental to Russia's plans to triple LNG exports by 2030 — and tap new gas markets after a sharp drop in pipeline sales to major traditional buyers in Europe. The US has held back on further tightening measures against buyers of Russian energy exports including China as it seeks to broker a ceasefire agreement in Ukraine, with Donald Trump saying face-to-face discussions with Vladimir Putin on Friday were 'extremely productive.' Arctic LNG 2 produced eight cargoes last summer but was forced to shut in October as it failed to find buyers and as ice started its seasonal build-up around the facility. The plant, initially sanctioned by the Biden administration, resumed loading in June but no cargoes have docked at an import facility yet. It isn't clear if the four vessels currently heading toward Asia will ultimately find buyers. About a dozen ships, including those that can navigate icy waters, have been marshaled to potentially service Arctic LNG 2, with some changing management companies several times to help obfuscate their actual owners.
Bloomberg
14 hours ago
- Business
- Bloomberg
US-Sanctioned Russian LNG Heads to Asia in Search for Buyers
Several liquefied natural gas tankers are heading to Asia from a Russian export facility sanctioned by the US, potentially testing Washington's resolve to crack down on the trade amid high-level talks over the war in Ukraine. The Iris and Voskhod vessels, which are carrying shipments from the Arctic LNG 2 plant in Siberia, began traveling to North Asia via the Northern Sea Route on Aug. 15 after being idled for weeks, according to ship-tracking data compiled by Bloomberg. Two other tankers that recently loaded at the plant also started heading toward Asia last week.
