The EU recently banned new investments, as well as the supply of goods, technology and services needed to complete Murmansk LNG and Ob LNG.
The largest Russian producer of liquefied natural gas (LNG, LNG) is a Russian company Novatek – suspended the implementation of its projects to build new liquefied natural gas (LNG) plants in Murmansk and Sabetta. As RosSMI explained, this is due to Western sanctions.
We are specifically talking about Murmansk LNG, which should be the largest plant in Russia, and Ob LNG, a project in the Arctic port of Sabetta.
However, active work on both sites has been stopped and it is not known when the company will be able to return to their implementation.
It is worth noting that due to sanctions, priority for Novateca could be the construction of the Ob gas chemical complex. The Russian company wants to produce ammonia and urea there with subsequent export across the Arctic Ocean to countries in the Asia-Pacific region. To export urea, bulk carriers of the ice class are needed, but their construction is simpler than gas tankers.
On June 24, the EU banned new investments, as well as the supply of goods, technology and services necessary to complete the construction of Murmansk LNG and Ob LNG. Also, due to total US sanctions, the project Novateka Arctic LNG-2where the first line has already been launched and the second is being prepared for installation, is experiencing difficulties in shipping raw materials. The company plans to postpone the launch of the third plant line from 2026 to 2028.
We reported that earlier Novatek suspended operations at its newest plant, Arctic LNG 2, due to sanctions and a shortage of LNG tankers.
We remind you that all oil refineries in India refuse to accept Russian crude oil transported by sanctioned tankers. 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.
Source: korrespondent
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