US Sanctions Halt Delivery of New Vessels to Russian LNG Plant
- MOL says efforts to charter or sell ice-breakers face curbs
- Operator Novatek PJSC already forced to delay maiden voyage
A resource base for the Arctic LNG 2 project, in the Gydan Peninsula, Russia.
Photographer: Natalia Kolesnikova/Getty Images
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The delivery of specialized ships to a new Russian liquefied natural gas facility is being upended by US sanctions, according to Mitsui OSK Lines Ltd., threatening exports.
The Japanese shipping line can no longer charter the three ice-breaker LNG ships to the Arctic LNG 2 project due to US restrictions, and efforts to sell them could be challenging, President Takeshi Hashimoto said in an interview.