Russia issues 4th LNG ship from sanctioned project in the Arctic

Thanh Hà |

A US-sanctioned liquefied natural gas (LNG) carrier has docked at Russia's Arctic LNG 2 plant. This is the 4th ship this year.

The Christophe De Margerie arrived at the Northern LNG port 2 on August 9 with no goods, according to Kpler data.

The LNG carrier was sanctioned by the US Treasury Department in January 2025 as part of a larger package of sanctions to cut down on Russia's oil and gas revenue.

Three sanctioned vessels, Iris, Voskhod and Zarya, have previously docked and transported goods from the Arctic LNG 2 project this year.

These developments show that Russian LNG exports have resumed after the project suspended production last October.

The Arctic LNG 2 project, in which Russia's Novatek holds a 60% stake. The project is being sanctioned by the West under sanctions related to the conflict between Russia and Ukraine.

The three ships have not yet unloaded and are currently operating in Russian waters.

Companies that own the above vessels are likely to face fines or other penalties if they do business or transact with companies sanctioned by the West.

According to the Equasis shipping database, the registered owner of the Christophe De Margerie ship is Zelitiko Shipping, while the commercial management unit is Gas Carriers.

Both Zelitiko Shipping and Gas Carriers have the same registration address in Dubai, United Arab Emirates (UAE).

The Arctic LNG project is expected to become one of Russia's largest LNG plants, with an output of 19.8 million tons per year. However, the plant's outlook has been affected by sanctions and it has struggled to sell LNG from the project.

According to Kpler data, last year the plant moved 8 shipments to a number of sanctioned LNG vessels, with some transferring fuel to 2 storage facilities.

Thanh Hà
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