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Mon, Aug

Russia's Arctic LNG 2 Continue Loadings with Sanctioned Tankers

Russia's Arctic LNG 2 Continue Loadings with Sanctioned Tankers

MARINELOG

An LNG tanker targeted by U.S. sanctions has berthed at Russia's Arctic LNG 2 plant, the fourth such vessel to do so this year, shiptracking data from Kpler and LSEG showed.The Christophe

An LNG tanker targeted by U.S. sanctions has berthed at Russia's Arctic LNG 2 plant, the fourth such vessel to do so this year, shiptracking data from Kpler and LSEG showed.

The Christophe De Margerie tanker arrived unloaded at Arctic LNG 2 on August 9, showed Kpler data. The vessel was sanctioned by the U.S. Treasury department in January as part of a broader goal to target Russia's oil and gas revenues.

The Arctic LNG 2 project, which is 60%-owned by Russia's Novatek, is also subject to Western sanctions over Russia's conflict with Ukraine.

Three sanctioned vessels, Iris, Voskhod and Zarya, had previously loaded cargoes from Arctic LNG 2 this year, indicating a resumption of exports after production at the project paused in October.

These vessels have not discharged their cargoes and are currently in Russian waters. Companies can face fines or penalties for doing business or trade with sanctioned entities.

The registered owner for Christophe De Margerie is listed as Zelitiko Shipping, while its ship or commercial manager is Gas Carriers SCF, according to shipping database Equasis.

Both the entities have the same registered address in Dubai, United Arab Emirates, but Reuters could not find contact information for them.

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