Russia’s Arctic LNG 2 Suspends Gas Liquefaction Amid Sanctions, Lack of Tankers

Novatek, Russia’s largest producer of liquefied natural gas (LNG), has suspended production at its Arctic LNG 2 project due to sanctions and a shortage of gas tankers, two sources familiar with the matter told Reuters on Tuesday. The project had been hoping to start commercial deliveries in the first quarter of this year. But plans … Read more