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Sanctioned LNG Tankers Cluster Near Russia With Buyers Scarce
Tankers carrying sanctioned liquefied natural gas from Russia are gathering off the country’s far eastern coast, a sign of the difficulties in finding buyers in the midst of ever-tightening western restrictions. The vessels — Nova Energy, Pioneer and Asya Energy — all loaded shipments from the Arctic LNG 2 facility in northern Russia, which has been targeted by US sanctions. Pioneer is now anchored off the port of Nakhodka, with the two other ships also nearby, ship-tracking data compiled by Bloomberg show. The ships’ journeys highlight the complications in trading gas from Arctic LNG 2, which began exporting ... (full story)