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Source: Lack of tankers has curtailed supplies from Russia's Arctic LNG 2 plant sanctioned by the United Nations.

A source familiar with the situation said that the first production train of the Arctic LNG 2 plant in Russia, which is currently under U.S. sanction, was shut down because the reservoirs were full and there were no tankers available to load.

The Russian company Novatek, which holds a 60% stake, has not responded to a comment request.

The plant, located on the Gydan Peninsula that extends into the Kara Sea was set to become Russia's biggest LNG plant, with a total output of 19,8 million metric tonnes per year, divided between three trains. Novatek has fallen behind schedule due to a shortage of ice class gas ships, and Western sanctions over Russia’s war in Ukraine.

Novatek announced that 15 Arc7 ice class tankers for LNG transport from Arctic projects would be built at Zvezda Shipyard.

Sources said that between August and September, the first Arc7 tanker from Zvezda will be delivered to Russia’s largest tanker group Sovcomflot. (Reporting and editing by Vladimir Soldatkin, David Gooddatkin)

(source: Reuters)