Cargo ship spotted at Russian gas terminal under US sanctions

Quick Summary:

Arctic LNG 2 was supposed to be the one of the flagship export projects for the country, in addition to Yamal LNG, which is not subject to sanctions and still sends a lot of its volumes to Europe.

Radar imagery taken by a European Space Agency’s Sentinel-1 satellite, however, does not show any vessels at the isolated locations where the Pioneer has claimed to be.

In anticipation of further tightening of restrictions to its LNG business, Moscow is suspected of assembling a “dark fleet” of LNG carriers through mysterious buyers in the UAE, akin to how it built up its dark fleet for oil tankers.

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Article Details

Author / Journalist: Chris Cook

Category: MarketsFinanceInvesting

Markets: United StatesNorwayPalauUkraine

Topics: Vessel Pioneer Imagery Russian Russia’s Sanctions Vessels Part Financial Arctic Satellite

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 10:34:47 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 553 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Financial Times

News ID: 21930400

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