LNG

The Chinese government said it hoped for more energy cooperation with Russia and praised the Eastern Economic Forum in the Russian Far East city of Vladivostok as a “key platform” for discussing economic issues concerning Russia and Asia and in particular China.

Russian natural gas company Novatek has plans to start commercial shipments from the Arctic LNG II project in mid-January 2024 and would likely send three to five cargoes per month eastwards to the Asian market, including China, while Russia’s Sakhalin LNG plant in the Far East has re-started after scheduled maintenance.