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Russia’s new LNG plant halts production due to sanctions – media

Photo: Novatek

The main problem of Arctic LNG 2 is the lack of special tankers capable of transporting liquefied gas cooled to -163°.

Russia’s largest liquefied natural gas (LNG) producer, Novatek, has suspended operations at its newest Arctic LNG 2 plant due to sanctions and a shortage of LNG tankers. The company launched the first of three lines of the new LNG plant in December 2023. This was reported by Reuters, citing two sources.

One of the interlocutors clarified that the line will not be operational until the end of June.

Construction on the project is still ongoing; two more lines are planned to be delivered to the site by sea from the port of Murmansk later.

The main problem of Arctic LNG 2 at present is the lack of special tankers capable of transporting liquefied gas cooled to -163°. Russian ship (shipyard) Zvezda will build 15 Arc7 ice-class tankers capable of cutting through ice 2 meters thick. Another six tankers were supposed to be built by the Korean company Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering), but due to sanctions against the Russian Federation, at least half of this order was canceled.

To date, only three suitable gas tankers have been built for Arctic LNG 2.

We remind you that all Indian oil refineries refuse to accept Russian crude oil transported by tankers of sanctioned Sovcomflot.

In addition, India (the largest buyer of Russian oil) has not bought ESPO’s premium raw materials, shipped from the port of Kozmino, for two months.

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Source: korrespondent

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