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Wednesday, December 25, 2024

Sanctioned Russian LNG Ship Fails Four-Month Quest for Buyer

 


  • Pioneer tanker was spotted at Arctic LNG 2 facility in August
  • Potential buyers are reluctant to circumvent US restrictions

A vessel carrying a sanctioned shipment of Russian liquefied natural gas appears to be offloading the fuel into storage in the nation’s far east, having failed to find a buyer willing to circumvent US restrictions despite a four-month, across-the-world journey.

The Pioneer tanker, carrying a cargo from Russia’s Arctic LNG 2 facility, docked next to the Koryak floating storage unit in Kamchatka on Thursday, according to ship-tracking data compiled by Bloomberg. The gas is likely to be held there until a customer can be found.

https://www.bloomberg.com/news/articles/2024-12-26/sanctioned-russian-lng-ship-fails-four-month-quest-for-buyer

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