Russia's Novatek-led Arctic LNG 2 project is seeking $1 billion in damages from Hanwha Ocean over cancelled tanker contracts amid U.S. sanctions. The dispute concerns six Arc7 tankers intended for the
TotalEnergies may recover approximately $1.3 billion in loans after exiting its stake in the sanctioned Arctic LNG 2 project, transferring ownership to Novatek while retaining compensation rights subj
Russia's LNG exports surged 11.5% to 14.5 million tons between January and May, driven by new Arctic LNG 2 supplies. Shipments to Europe rose 16.7%, while major producers Novatek and Gazprom maintaine
LSEG data confirms Russia's LNG tanker Merkuriy loaded cargo from the sanctioned Arctic LNG 2 project. Moscow is expanding its fleet to circumvent EU bans while India declines sanctioned LNG offers.
Russia's LNG exports increased 8.6% to 11.4 million tons from January to April, boosted by the Arctic LNG 2 project despite sanctions. Shipments to Europe jumped 20.8%, while Novatek's Yamal LNG volum
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