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China receives fourth cargo from Arctic LNG 2 project

LSEG ship tracking data revealed that a fourth LNG tanker from Russia's Arctic LNG 2 project, sanctioned by the United Nations, discharged its cargo in a Chinese port four days after a previous LNG vessel left.

LSEG data revealed that the sanctioned Russian tanker Buran, which arrived at the Beihai LNG Terminal on September 12 in China's southwest region of Guangxi with more than 166,000 cubic metres of LNG from the Arctic LNG 2, Gydan facility in northern Siberia, on August 22.

Since late August, China has received more than 552,000 cubic metres of LNG from four of the first cargoes of the sanctioned Russian Project.

According to LSEG ship tracking data, a fifth cargo, the U.S. sanctioned vessel Iris is currently underway, carrying more than 166,000 cu m of LNG that was loaded at Gydan, on June 28.

Arctic LNG 2, owned 60% by Russia's Novatek and with a production target of 19,8 million metric tonnes per year, was expected to be one of Russia's biggest LNG plants. However, Western sanctions have hampered its progress. (Reporting and editing by Eileen Soreng in Beijing, Sam Li in Beijing, Lewis Jackson).

(source: Reuters)