Russia’s New LNG Project Can’t Begin Shipments Before March ...Middle East

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Russia’s New LNG Project Can’t Begin Shipments Before March
Russia’s newest LNG export project, Arctic 2 LNG developed by Novatek, will not be able to start shipments before March as it is still waiting for at least one ice-breaker tanker that’s still in South Korea, Russian daily Kommersant reported on Thursday. Earlier indications were that Arctic 2 LNG of Russia’s top LNG producer and exporter, Novatek, could begin its first cargo shipments to customers this month. The U.S. sanctions, however, are holding the project’s start-up and are slowing progress as buyers refuse…

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