Two India-registered firms face US sanctions for ‘using deceptive practices’ to ship LNG from Russia

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In an announcement Thursday, the US Department of State announced that it had imposed further sanctions to degrade Russias ability to operationalise the Arctic LNG 2 project.This project, being developed in the Arctic region of Russia, is expected to produce 19.8 million metric tonnes of LNG per year...

In todays actions, the Department of State is targeting two entities and two vessels connected to attempts to export liquefied natural gas (LNG) from the U.S.-sanctioned Arctic LNG 2 project, the State Department said in a statement...

On 25 August, New Energy used deceptive shipping practices, including shutting off its automatic identification system, to load cargo from the U.S.-sanctioned Arctic LNG 2 project using a ship-to-ship transfer with the LNG carrier Pioneer, which was blocked by the US on 23 August...

In an attempt to circumvent U.S. sanctions on, and revitalise, Russias Arctic LNG 2 project, Russian companies have engaged in efforts to procure secondhand LNG tankers, predominantly through front companies in third country jurisdictions, to make up for a critical shortage of available tankers for the Arctic LNG 2 project, the Department of Treasury said in a statement...

While producing a false AIS signature, Pioneer went to the Utrenneye terminal at the Arctic LNG 2 project and commercial satellite imagery revealed that the vessel was loading LNG from the Arctic LNG 2 facility from 1 to 3 August, the statement said...