North Asia








Natural Gas Pipeline

LNG Transportation

LNG Transportation

Tanker from Russia's Arctic LNG 2 completes trip through Northern Sea Route, data shows

A tanker bring freight from Russia's Arctic LNG 2 has actually gone through the Northern Sea Path for the very first time and approached a gas hub, according to LSEG shiptracking data, in the latest sign that Russia's energy exports are flowing despite Western sanctions. According to the data, the Everest Energy tanker, which was put under U.S. sanctions last month, was seen around 100 kilometres (around 50 nautical miles) off the Koryak floating storage center in Russia's far east. The system is designed to assist in Russian LNG exports to Asia, however the final destination for the freight has...

LNG Transportation

Sanctioned tanker with Arctic LNG 2 cargo moving east along Northern Sea Route, data programs

A liquefied gas tanker approved by the U.S. has actually been moving east from the Arctic LNG 2 plant along Russia's Northern Sea Path, LSEG ship tracking information revealed on Monday. Washington has recently imposed additional sanctions versus Russia for its war with Ukraine, including versus Arctic LNG 2, an important center for the Kremlin's drive to boost Russia's. share of the global LNG market to a 5th by 2030-2035. According to the LSEG information, Everest Energy, which came under. U.S. sanctions last month, was packed with LNG at the Arctic LNG. 2 site and is now on its method...

LNG Transportation

Data shows that a tanker is linked to berths sanctioned by a firm at Russia's Arctic LNG 2 facility.

Ship tracking data revealed that a liquefied gas (LNG), tanker owned by an Indian firm, which was sanctioned last month by the United States for helping Russia in its war against Ukraine, berthed Friday at the Arctic LNG 2, a Russian LNG plant. LSEG data shows the Everest Energy parked at the plant, and its arrival confirms that the plant continues to export LNG. The tanker was managed by Mumbai's Ocean Speedstar Solutions OPC. They did not respond immediately to a comment request. Novatek, which owns 60% of the Arctic LNG 2 project and is also a party to Western...

LNG Transportation

US enforces sanctions on companies, vessels linked to Arctic LNG 2

The U.S. on Thursday imposed sanctions on two business and two vessels linked to Russia's. Arctic LNG 2 project, its newest step to include costs on Moscow for. its intrusion of Ukraine. The U.S. Treasury said it had actually imposed sanctions on Gotik. Energy Shipping Co and Plio Energy Freight Shipping. Treasury stated. Gotik is the registered owner and Plio Energy is the commercial. supervisor of the melted gas carrier New Energy. The U.S. State Department stated New Energy used misleading. delivering practices, including turning off its automated. identification system, to fill freight from the U.S.-sanctioned. Arctic LNG 2 task....

LNG Transportation

LSEG data indicates that Russia is pushing ahead with Arctic LNG 2

Novatek, Russia's biggest liquefied gas (LNG), appears to be preparing a flotilla storage unit (FSU), to receive gas, as part of its Arctic LNG 2 Project, in spite of sanctions, LSEG Ship-Tracking data revealed on Friday. In response to Russia's "unprovoked" war against Ukraine, the United States increased its efforts in September to limit Russia's future revenue from energy. The Saam FSU stores gas from the Arctic LNG 2 Project to facilitate further delivery. The data revealed that the Everest Energy Gas carrier, which was also subject to U.S. Sanctions over Russia's War with Ukraine, is located in the Arctic...

Transport Infrastructure

Ground Transportation

Association: Rail tariff increases will cause new losses to Ukrainian farmers

Ukrainian Farm Business Association UCAB warned that plans by Ukraine's State Railways Ukrzaliznytsia, to increase freight rates will hurt struggling farmers. This could lead to a drop in production and exports. Ukrzaliznytsia, according to the association, plans to increase the tariff on empty wagons transported by farmers by 67%. The UCAB released a statement on Monday evening that said: "This could lead to a rise in the price of grain transport by 50-60 hryvnias per ton, and an increase in the farmers' expenses in the war period by approximately 2 billion UAH ($50 million per season)." Ukrzaliznytsia said that it...

Transport Infrastructure

Sources say that Novatek, a Russian condensate producer, has installed a new unit at the Ust-Luga Complex.

Two market sources said that Novatek, a Russian energy company, launched its new gas condensate processing unit in the Baltic Sea Port of Ust-Luga at the end of August. The new refinery unit can process 3 million tons of gas condensate per year. This liquid feedstock is similar to crude oil. It is then processed into jet fuel, gasoil, heavy naphtha and fuel oil. Novatek didn't immediately respond to an inquiry for comment. Novatek opened the Ust-Luga Complex in 2013, with two refinery units, to process gas produced by its Arctic fields. It also ships oil products and gas condensate...

Transport Infrastructure

Ukraine's grain exports by means of Romania's Constanta down by half in Jan-August

Romania's Black Sea port of Constanta recorded a drop in grain exports in the first eight months as deliveries from Ukraine fell by approximately half, the port authority informed Reuters on Wednesday. The port shipped 20.18 million metric tons of grain in January-August, it said, down 9.1% on the year. Constanta stays Ukraine's primary alternative route for grain given that Russia's full-scale invasion in 2022, in addition to its main route for fuel imports. But Ukraine has managed to increase grain exports through its own ports by developing a shipping corridor that hugs the western Black Sea coast near Romania...

Transportation

Transportation

Russia's Novatek suspends deal with two LNG projects due to sanctions, Kommersant reports

Russian gas company Novatek has suspended deal with the development of the Murmansk and Ob liquefied gas (LNG) projects due to press from western sanctions, the Kommersant newspaper reported on Monday. Due to the pressure of sanctions, the leader of the Russian LNG market, Novatek, is looking for alternative options for monetizing its gas reserves and modifying promising export tasks, Kommersant reported, mentioning sources acquainted with the company's plans. According to Kommersant's sources, no active work is underway on either of the large-tonnage Murmansk LNG and Ob LNG projects. Building and construction for the Murmansk LNG job in Russia's. Arctic,...

Transportation

Germany to increase Kazakh petroleum imports, sources say

Germany will indication two agreements to increase oil imports from Kazakhstan for Berlin's primary Schwedt oil refinery, sources informed Reuters on Sunday. German Chancellor Olaf Scholz will be in Kazakhstan and Uzbekistan on Monday and Tuesday, on his first see to Central Asia as Berlin looks for new markets and sources of energy and minerals in the wake of the Ukraine war. Under the contract, a regular monthly supply of 100,000 metric loads of petroleum will be secured up until completion of 2025, with a. 2nd agreement for the supply of as much as 50,000 heaps per month. The PCK...

Transportation

NET4GAS says it wins arbitration case versus Gazprom Export payments

Czech gas transmission system operator NET4GAS has won an arbitration case against Russian group Gazprom Export over payments it was owed, the Czech business said. In a filing late on Thursday, NET4GAS said a tribunal had bought (Gazprom Export) to pay the claimed amount together with default interest and reimburse N4G for the costs of the proceedings. Gazprom and Gazprom Export did not immediately respond to a. request for remark. NET4GAS has said it was declaring 113 million euros from. Gazprom Export after the Russian carrier stopped working to make payments. under contracts following the halt in products to Europe...

Transportation

Germany's Scholz looks for Central Asian energy ties in shadow of Ukraine war

German Chancellor Olaf Scholz starts his very first visit to Central Asia on Sunday, taking a trip to Kazakhstan and Uzbekistan as Berlin tries to find new markets and sources of energy and minerals in the wake of the Ukraine war. He currently has some key offers under his belt. Kazakh crude started streaming through the Druzhba pipeline in 2015, keeping Berlin's Schwedt refinery running after the European Union imposed sanctions on Moscow, and Russian supplies dropped off. This marked a totally brand-new instructions in bilateral cooperation, as no Kazakh oil had actually previously flowed through this pipeline, a Kazakh...

Transportation

Russian pranksters target Polish foreign minister in scam call about Ukraine

Russian pranksters released footage on Thursday of a video call with Polish Foreign Minister Radoslaw Sikorski after apparently fooling him into thinking he was speaking with former Ukrainian President Petro Poroshenko. Vladimir Kuznetsov and Alexei Stolyarov, who use the aliases Vovan and Lexus, have deceived a number of Western politicians over the years into going over subjects of interest to Moscow. The duo, who have denied Western accusations of having links to Russia's intelligence services, were offered a top state award in the Kremlin in July for their exploits. Reuters could not confirm the credibility of the video call, which...

Transportation

Norway's spy chief sees Russia most likely to try sabotage

The head of Norway's foreign intelligence service believes Russia has actually ended up being more likely to try to sabotage its facilities, such as oil and gas, than a year ago as Moscow becomes bolder in countering Western assistance for Ukraine. The threat level has changed, Vice Admiral Nils Andreas Stensoenes, head of the Norwegian Intelligence Service (NIS),. told Reuters. We believe sabotage is more likely, and we see acts of. sabotage occurring in Europe now which show that they (the. Russians) have moved a bit on that scale. Russia turns down such accusations as Western scaremongering. Its embassy in...

Transportation

Hungarian oil business MOL's brand-new Druzhba supply deals abide by EU, Ukraine rules, chairman states

Oil and gas group MOL's. offers to carry Russian crude through Belarus and. Ukraine via the Druzhba pipeline abide by all European Union. and Ukrainian rules, MOL Executive Chairman Zsolt Hernadi stated. on website index.hu on Wednesday. Kyiv in June put Russian oil company Lukoil on a sanctions. list, stopping the circulation of its oil to MOL refineries in Hungary. and Slovakia, whose governments said this was a risk to. security of supply. Lukoil is set to resume oil materials in October to Slovakia. and Hungary through the Druzhba pipeline after MOL said on Monday it. secured new offers with...

Transportation

Russia's Lukoil set to resume supplies through southern Druzhba in October, sources state

Russia's Lukoil is set to resume oil materials through the Druzhba pipeline to Slovakia and Hungary in October after Hungary's MOL said it had struck offers to carry crude through Belarus and Ukraine via the pipeline, 2 sources stated on Tuesday. The sources said the supplies would resume next month since this month's export plans had actually been made beforehand and it is difficult to reroute volumes. One stated Lukoil might be able to reroute a little volume this month, however it was yet to be seen. In the summertime, Kyiv banned Lukoil products after putting the Russian group on...

Transportation

Norway's spy chief sees Russia most likely to attempt sabotage

The head of Norway's foreign intelligence service thinks Russia has actually become more likely to try and sabotage its facilities, such as oil and gas, than a year ago as it becomes bolder in countering Western support for Ukraine. The threat level has changed, Vice Admiral Nils Andreas Stensoenes, head of the Norwegian Intelligence Service (NIS),. told Reuters. Our company believe sabotage is most likely, and we see acts of. sabotage taking place in Europe now which suggest that they (the. Russians) have actually moved a bit on that scale. Russia turns down such accusations as Western scaremongering. Its embassy...

Transportation

Hungary's MOL reaches deals for oil transportation via Druzhba pipeline

Hungary's MOL said on Monday it had reached handle suppliers and pipeline operators for the constant transport of petroleum through Belarus and Ukraine via the Druzhba pipeline. Kyiv prohibited Lukoil products in June after putting the Russian group on a sanctions list, avoiding the transport of its oil to MOL refineries in Hungary and Slovakia. That angered Hungary and Slovakia, whose governments said it was a danger to security of supply and ran the risk of fuel shortages. The updated transportation contracts and the brand-new takeover plans, reliable from Monday, adhere to all pertinent sanctions and arrangements, consisting of those...

Transportation

Russia's September western port oil loadings to rise 1.5% m/m, sources state

Russia will increase oil exports via its western ports to 1.98 million barrels each day ( bpd) in September, up by just 30,000 bpd from August, in spite of anticipated start of seasonal maintenance on Russian refineries, two trade sources stated on Friday. Russia needs to supply its own market with sufficient petroleum to produce motor fuels important to meet demand, however usually local refineries begin big seasonal maintenance and cut runs, which leads to greater accessibility of crude oil for exports. Russia's August oil shipments from Primorsk, Ust-Luga and Novorossiisk will rise just 1.5% every day from August plan,...

Transportation

Sibur to issue domestic bonds to fund Amur Gas Complex

Subur, the Russian petrochemical company, plans to issue domestic bonds by the end of this year to finance the Amur Gas and Chemical Complex (GCC), said Chief Executive Mikhail Karisalov on Friday. However he did not reveal the size of the bond. Amur Complex in Russia's Far East is a joint-venture with Sinopec, which will start in 2027. It will become one of the largest polyethylene and polypropylene producers in the world. Karisalov told the Eastern Economic Forum, held in the Pacific port city of Vladivostok, that "we are already at an advanced stage" with the preparations for the bond...