How Russia’s Sanctioned Arctic Gas Found a Chinese Loophole
Russia has found loopholes in sanctions imposed by the US and its allies on its energy industry.
Despite multiple rounds of blacklisting, Russia has managed to send 11 tankers full of liquefied natural gas from the Arctic LNG 2 facility to China's port of Beihai since August.
leave it “dead in the water”
The Biden administration had aimed to cripple the logistics, shipping, and financing ecosystem around the facility.
China's port of Beihai has emerged as a crucial node in the export of sanctioned gas from the Russian Arctic.
Author's summary: Russia finds a way to export sanctioned gas to China.
- 11 tankers of liquefied natural gas sent to China's port of Beihai
- Arctic LNG 2 facility affected by US sanctions
- China's port of Beihai emerges as a key node in sanctioned gas export