LNG

Russia expects to supply more LNG and pipeline natural gas to China in 2023 after energy shipments to the Chinese increased after the February 2022 invasion of Ukraine, including deliveries of Russian crude oil.

Novatek, the Russian natural gas company and operator of the Yamal LNG export plant and developer of Arctic LNG II currently under threat from Western sanctions imposed because of the Ukraine invasion, said LNG cargoes sold on international markets fell in the second quarter.