Britain to announce new sanctions affecting Russian LNG
The British government is anticipated to announce new sanctions today targeting Russia’s illicit shadow fleet for oil and LNG, following the interception of a sanctioned Russian oil tanker in the Channel on Sunday. The move could disrupt a segment of LNG trade that relied on opaque shipping and financing channels.
Russia eyes for Sakhalin-3 start in 2028, undercuts China’s LNG costs
Russia’s energy giant Gazprom is expected to start producing gas at the Sakhalin-3 offshore project in 2028, with supplies to China via a new Far Eastern pipeline set to undercut the cost of LNG imports, according to Russian officials and industry data.
Novatek advances with Arctic LNG II start-up schedule amid equipment issues and new Russian process patent
Novatek, the Russian operator of the Yamal LNG export plant in Northern Siberia and the developer of the Arctic LNG II venture scheduled to start up in late 2023, is continuing to function despite sanctions over Ukraine and has just accepted a Russian patent for LNG processing in Arctic plants.
Wood Group wins services contract for Russian LNG plant and other assets on Sakhalin Island
Wood Group, the UK-based oil and gas services company, said it won a five-year technical support contract from Sakhalin Energy, operator of the Russian LNG plant on Sakhalin Island in the Far East.
Rosneft LNG exports risk giving upper hand to Asian buyers - Gazprom
Russia's gas export monopoly Gazprom has urged the Kremlin to block changes to the gas export law that would allow Rosneft to export gas from the Pechora LNG project in northern Russia, claiming the bill "will strengthen the bargaining position of potential foreign buyers of Russian gas."
