Russia Tries Again to Expand LNG Exports Upended by Sanctions
Russia is taking another crack at expanding exports of liquefied natural gas after US sanctions stalled efforts last year.
An LNG vessel has docked at the Arctic LNG 2 export facility for the first time since October, according to ship-tracking data compiled by Bloomberg and satellite images. The facility was supposed to be a cornerstone of Moscow's goal to increase LNG exports threefold by 2030, but has been idle for months after struggling to find buyers willing to break western restrictions.
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