Russian government, which in May imposed sanctions on a number of former foreign trading structures of Gazprom, has made an exception. Its Yamal LNG project was granted the right to supply gas to Gazprom Marketing & Trading Singapore for 90 days. GM&T Singapore supplies up to 2.9 million tons of LNG to India's Gail.

Novatek began pre-project work on the construction of a natural gas liquefaction plant using the Arctic Cascade technology. The capacity of the plant consisting of two lines will be 5 million tons per year. The company has already tested its own liquefaction technology on a pilot plant with a capacity of just under 1 million tons and it is currently in opera...

South Korean shipyard Daewoo Shipbuilding & Marine Engineering cancelled a contract with Sovkomlot for the construction of three Arc7 LNG tankers for Arctic LNG-2. The reason was overdue payment under the contract by the shipping company. The Russian shipyard Zvezda is currently building similar tankers, but the work is threatened by EU sanctions, although R...

Five Chinese companies may stop participating in the Arctic LNG-2 project due to EU sanctions, sources told the South China Morning Post. According to them, the manufacturers have received notifications to stop working on modules for the project by the end of the month. However, the final decision on withdrawal from the project by Novatek has not been made y...