Anna Shiryaevskaya of Bloomberg reports that Russian LNG tankers in the midst of Western sanctions are sitting afloat with buyers scarce. Shiryaevskaya writes:
Tankers carrying sanctioned liquefied natural gas from Russia are gathering off the countryโs far eastern coast, a sign of the difficulties in finding buyers in the midst of ever-tightening western restrictions.
The vessels โ Nova Energy, Pioneer and Asya Energy โ all loaded shipments from the Arctic LNG 2 facility in northern Russia, which has been targeted by US sanctions. Pioneer is now anchored off the port of Nakhodka, with the two other ships also nearby, ship-tracking data compiled by Bloomberg show. […]
Earlier this month, the plant stopped liquefying natural gas, as western bans limited its ability to ship and sell cargoes. The Arctic LNG 2 shipments had beenย offered to buyers in China and Asian nations at a discount, Bloomberg reported last month. […]
Meanwhile, Russiaโs Zvezda shipyard wonโt be able to deliver the domestically-built lead ice-class tanker for Arctic LNG 2 by the end of this year, Russiaโs Kommersant daily reported Wednesday. Delivery is now expected in early 2025, with another tanker in the first quarter of the year, the paper said.
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