Signal of revival of Russian LNG plant in the Arctic

Thanh Hà |

Russia's LNG plant in the Arctic appears to have resumed operations after a long period of suspension due to US sanctions.

Russia's Arctic liquefied natural gas (LNG) plant burned fuel last week, according to satellite imagery. This move could signal the resumption of LNG export facilities that have been suspended for a long time due to sanctions.

Bloomberg reported that satellite image of European sentinel 2 shows the LNG 2 facility in the North burning gas on March 30. A photo taken on March 22 did not record any signs of fire or activity.

Gas burning does not mean that the plant's operations will be completely resumed and may also be a sign of maintenance, but there are other signs that the 2nd Arctic LNG project is being concerned about the possibility of being loosely sanctioned by the US.

In February this year, Novatek - the project's largest shareholder - called on customers to buy goods at reduced prices before the sanctions were lifted by Washington.

Satellite images taken in February showed a small flame, suggesting the facility may have been producing LNG.

However, according to the most recent image, the water around the factory is still frozen. This means that traditional ships cannot move to the port to export fuel.

Ships often used to avoid sanctions on LNG 2 in the Arctic are not designed to move on the thick layer of ice here and often receive goods in the summer months.

The Arctic LNG terminal stopped large-scale production last October due to Washington's sanctions that have stopped foreign LNG buyers and frost, making it difficult for ships to dock to import goods.

The East Energy - a ship that received fuel from LNG from the 2 Arctic last year - is approaching Shanghai, according to train tracking data compiled by Bloomberg. If the ship does so, it will be the first time one of the Russian dark fleet LNG tankers departing from the Arctic project has docked abroad.

Thanh Hà
TIN LIÊN QUAN

Europe's ability to increase Russian gas imports

|

Europe is considering increasing imports of Russian gas in the context of increasingly strained relations with US President Donald Trump.

EU customers import Russian gas via TurkStream increase sharply

|

Gazprom will significantly increase Russian gas supplies to Slovakia via the TurkStream pipeline from April.

India approves unprecedented major defense deal

|

India will buy 156 $7.3 billion light fighter helicopters for the country's air force and army.

President Khamtay Siphandone - a great friend of Vietnam

|

President Khamtay Siphandone is one of the Lao leaders who have always had close relationships with Vietnamese leaders of all time.

The Ministry of Finance talks about the 46% tax rate

|

The representative of the Ministry of Finance assessed that the US imposing a 46% tax on Vietnamese goods will negatively affect exports, requiring appropriate policy responses.

Facing the 46% US tax rate, Vietnamese enterprises need to focus on investing in products that meet ESG standards

|

Dr. To Hoai Nam - Permanent Vice President and General Secretary of the Vietnam Association of State-owned Enterprises had an interview with Lao Dong Newspaper about the new tax rate applied by the US to Vietnam.

Dry port project in Hoai Duc abandoned for many years

|

The ICD My Dinh dry port project in Hoai Duc, Hanoi has been approved for nearly 10 years but has not been completed. However, the project's land has shown signs of lease.

Domestic gasoline prices continue to increase

|

Gasoline prices increased simultaneously from 3:00 p.m. today, April 3, after adjustments by the Ministry of Industry and Trade - Ministry of Finance.

Europe's ability to increase Russian gas imports

Thanh Hà |

Europe is considering increasing imports of Russian gas in the context of increasingly strained relations with US President Donald Trump.

EU customers import Russian gas via TurkStream increase sharply

Thanh Hà |

Gazprom will significantly increase Russian gas supplies to Slovakia via the TurkStream pipeline from April.

India approves unprecedented major defense deal

Thanh Hà |

India will buy 156 $7.3 billion light fighter helicopters for the country's air force and army.