Sanctions are about to wreck Moscow’s grand Arctic projects
It has been increasingly evident over the past two years; Moscow’s full-scale war of aggression against Ukraine and its subsequent
Read moreIt has been increasingly evident over the past two years; Moscow’s full-scale war of aggression against Ukraine and its subsequent
Read moreRussia’s Novatek is being forced to scale back its huge Arctic LNG 2 project after Western sanctions curbed its access
Read moreBy Marwa Rashad and Vladimir Soldatkin Novatek, Russia’s largest producer of liquefied natural gas (LNG), has suspended production at its
Read moreForeign shareholders suspended participation in the Arctic LNG 2 project due to sanctions, renouncing their responsibilities for financing and for
Read moreThe Arctic LNG 2 is included in the State Treasury’s sanctions list as part of efforts to curb Russia’s future
Read moreBy Yoshifumi Takemoto, Reuters Japan will ensure stable and steady energy supply to the country even after the U.S. imposed
Read moreAccompanied by 12 tugs and support ships, the 640,000 ton heavy production unit this week docked in the Utrenneye port
Read moreWar and international sanctions notwithstanding, the Russian natural gas company forges ahead with the development of its grand Arctic projects.
Read moreThe loan agreement signed last November between the Russian natural gas project and the Japan Bank for International Cooperation (JBIC)
Read more“We have all the resources and all the opportunities to quickly find alternative solutions,” Putin told the participants of the
Read moreNovatek will not get needed financing for its development of the Arctic LNG 2. Following Western sanctions against Russian banks, the
Read moreThe Zvezda yard in Vladivostok will have plenty of complex Arctic shipbuilding to do over the next years. Not only
Read moreNever before has the Arctic seen an industrial expansion of this magnitude. In only few years, volumes of extracted hydrocarbons
Read moreCompanies Mitsui and JOGMEC acquire a 10 percent share in Novatek’s Arctic LNG 2. The deal gives the two Japanese
Read moreOn the desolate shores on peninsula Gydan comes the terminal that is to serve one of Russia’s biggest ever Arctic
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