shop now
Germany orders port to reject Russian LNG deliveries
Germany's Economy Ministry instructed its state-operated import terminal "to reject LNG deliveries from Russia until further notice."
LNG
Russia's Arctic LNG 2 project has cut gas production to almost zero, Bloomberg reports
The fields supplying the plant pumped an average of 0.4 million cubic meters of gas per day in the first ten days of November, Bloomberg reported, citing a person with knowledge of industry data.
Von der Leyen suggests replacing Russian LNG with US supplies in phone call with Trump
"We still get a whole lot of LNG via Russia, from Russia," she said in a phone call with U.S. President-elect Donald Trump. "And why not replace it with American LNG, which is cheaper, and brings down our energy prices?"
Sanctioned LNG ships gather off Russian coast as buyers withdraw, Bloomberg reports
Tankers bearing sanctioned Russian liquefied natural gas (LNG) have clustered off Russia's eastern coast following suspension of operations at the Arctic LNG 2 plant, indicating that Moscow is unable to find buyers for its product amid sanctions.
US to continue to 'tighten the screws' on Russian LNG exports, senior official says
"You can be assured that the Biden administration is going to continue to tighten the screws against Russia’s LNG exports," Jeffrey Pyatt, assistant Secretary of State for Energy Resources, said.
India won't buy from sanctioned Russian Arctic LNG 2 project, Indian oil secretary says
India will not purchase liquefied natural gas (LNG) from Russia's Arctic LNG 2 project, which has been sanctioned by Western countries, Indian Oil Secretary Pankaj Jain said on Sept. 27, Reuters reported. Arctic LNG 2, owned by Russia’s Novatek, aims to produce nearly 20 million metric tons of LNG
UK introduces sanctions against ships, companies involved in export of Russian LNG
The U.K. imposed sanctions on Sept. 25 against five vessels and two companies involved in the transportation of Russian liquefied natural gas (LNG) as it looks to exert more pressure on sources of revenue for the Kremlin, according to a statement. While LNG exports have been less heavily sanctioned
Russia, Pakistan strengthen economic ties, expand trade
Moscow also pledged support for Pakistan's bid to join the BRICS international alliance.
US slaps new sanctions on Russian flagship LNG project
Arctic LNG 2 was envisaged as Russia's largest LNG plant and a flagship project that was supposed to help the country become the world's leading LNG producer.
Russian court orders to freeze Linde UK subsidiary assets
The arbitration court in St. Petersburg ruled to freeze the assets of Linde Russia UK Limited, a subsidiary of German-based Linde chemical company, Radio Free Europe/Radio Liberty (RFE/RL) reported on Aug. 14, citing Russian court documents.
Russia suspected of expanding its 'ghost fleet' to LNG exports, FT reports
Buyers suspected of links to Russia are buying up dozens of vessels capable of carrying liquified natural gas (LNG), possibly signaling an expansion of its "ghost fleet" of tankers, the Financial Times (FT) reported on July 22.
Finland's Gasum to cease Russian LNG imports in compliance with EU sanctions
Finland's Gasum, a major gas supplier to the Nordic region, announced on June 25 that it will cease purchasing and importing Russian liquefied natural gas (LNG) in July in accordance with new European Union sanctions.
Russia overtook US in May as leading gas supplier to Europe, FT reports
The report attributes decreased U.S. exports to a one-time outage at a major LNG export facility, combined with Russia delivering more gas through Turkey ahead of planned maintenance in June.
FT: Ukraine signs first major deal with US company for LNG supplies
Under the deal, DTEK, Ukraine's largest private energy company, will start purchasing an unspecified amount of LNG from Venture Global later in 2024 and throughout 2026.
FT: Turkey in talks with ExxonMobil to secure LNG deal, aims to reduce reliance on Russian natural gas
Turkey is in talks with ExxonMobil to secure a long-term liquified natural gas (LNG) deal worth billions of dollars, aiming to diversify its energy sources, says Turkish Energy Minister Alparslan Bayraktar. The potential agreement could provide up to 2.5 million tons of LNG annually for 10 years.
Politico: France imports growing levels of Russian LNG
France has paid Russia 600 million euros ($644 million) for liquified natural gas (LNG) imports in just the first three months of 2024, making it the fastest-growing consumer of Russian LNG in the EU, Politico reported on April 11.
EU Parliament approves option allowing members to block Russian LNG imports
The European Parliament voted on April 11 to pass rules allowing member states to ban imports of Russian liquified natural gas (LNG), Reuters reported.
Reuters: Sanctions may force Russian company to scale back Arctic LNG project
Russian gas producer Novatek is considering scaling back a major liquefied natural gas project due to the impact of Western sanctions, Reuters reported on April 4, citing sources in the industry.
White House dismisses linking Ukraine aid to reversal of natural gas policy
The Biden administration has rejected an agreement with U.S. House Speaker Mike Johnson to connect Ukraine aid with lifting the Biden administration's pause on new liquefied natural gas (LNG) export licenses.
EU pressures European importers to cut down Russian LNG purchases in 2024
"My message was that this year must bring further disengagement from Russian exports," Energy Commissioner Kadri Simson told Bloomberg following an EU-U.S. Energy Council meeting in Washington.
Sanctions for show: Russian oil sales to China, India single main driver of Ukraine invasion
As Western sanctions designed to cripple Russian energy exports barely slow them down, the Kremlin continues to make enough money to keep its war against Ukraine going indefinitely, just by selling oil to China and India. After pivoting away from Europe, Moscow found enthusiastic buyers in Beijing and New Delhi.
(Updated: )
Most popular
Editors' Picks
Fall of Aleppo deals blow to Russia's Middle East clout, may indirectly strengthen Ukraine's hand
‘Destroying us little by little:’ Ukrainian troops worried about fate of Kursk operation
Once liberated Kupiansk braces for worst as Russian troops approach, and future Western support looks uncertain
