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Russia: U.S. sanctions against Arctic LNG 2 undermine global energy security

U.S. sanctions targeting Russia s massive Arctic LNG 2 project are unacceptable and undermine global energy security, the Russian foreign ministry s spokeswoman said on Wednesday. [Image: Novatek] ....

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Russia exports almost all its oil to China and India

Almost all of Russia s oil exports this year have been shipped to China and India, Deputy Prime Minister Alexander Novak said on Wednesday, after Moscow responded to Western economic sanctions by quickly rerouting supplies away from Europe. ....

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Foreign shareholders freeze participation in Russia's Arctic LNG 2 -Kommersant

Foreign shareholders suspended participation in the Arctic LNG 2 project due to sanctions, renouncing their responsibilities for financing and for offtake contracts for the new Russian liquefied natural gas (LNG) plant, the daily Kommersant reported on Monday. [Image: Novatek] ....

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China criticizes U.S. sanctions on Russia's Arctic LNG-2 project

China s involvement in Russia s Arctic LNG-2 liquefied natural gas project should not be the target of any third party intervention or restrictions, its foreign ministry said on Tuesday. ....

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Russian media: Foreign shareholders suspend participation in Russian Arctic LNG-2 project

The project is run by the private company Novatek, Russia's largest producer of LNG, which has a 60% share. The Chinese, French, and Japanese companies represented the remaining 40% of shares. The foreign companies all declared force majeure on the project. ....

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