Novatek projects hit by sanctions

US sanctions have been imposed on all Novatek projects. Restrictions were imposed on Murmansk LNG, Ob Gas Chemical Complex, Arctic LNG-1 and Arctic LNG-3. Direct sanctions also hit seven of the 15 Arc7 tankers under construction at the Zvezda shipyard - the Alexei Kosygin, the Pyotr Stolypin, the Sergei Witte and four unnamed tankers.