- A third LNG shipment from Russia’s sanctioned Arctic LNG 2 project has reached China, highlighting continued trade flows despite Western restrictions.
- The Zarya tanker delivered over 160,000 cubic meters of LNG to Tieshan terminal in Guangxi province, following two earlier deliveries in recent weeks.
- Sanctions have cast uncertainty over Arctic LNG 2’s future, but its initial cargoes demonstrate Russia’s determination to sustain exports.
A third tanker carrying liquefied natural gas (LNG) from Russia’s sanctioned Arctic LNG 2 project has reached Chinese shores. According to ship-tracking data from Kpler and LSEG, the Zarya tanker docked at the Tieshan LNG terminal in Guangxi province on Tuesday, delivering a cargo of more than 160,000 cubic meters. The shipment originated from the Arctic LNG 2 facility in Gydan, northern Siberia, where it was loaded on July 30.
Growing flow of sanctioned cargoes
This latest delivery follows two earlier shipments. The first, carried by the Arctic Mulan, arrived at the Beihai LNG terminal in late August. A second vessel discharged cargo in China over the weekend, just days after Russian President Vladimir Putin’s visit to China for the Shanghai Cooperation Organisation summit and a World War II commemoration parade.
Sanctions and project outlook
Arctic LNG 2, majority-owned by Russia’s Novatek with a 60% stake, was designed to become one of the country’s largest LNG plants, targeting an annual output of 19.8 million metric tons. However, Western sanctions have cast uncertainty over its future development and production capacity. Despite this, the initial cargoes underscore Russia’s determination to maintain LNG exports to key markets such as China, even under tightening restrictions.
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Source: Reuters
