Energy
Russian LNG Shipment Lands in Spain After New US Sanctions
- Treasury indicated that wind-down period is through Feb. 27
- Europe has been willing to take Russian LNG despite tensions
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A liquefied natural gas tanker, carrying a shipment from a Russian project sanctioned last week by the US, landed in Spain, taking advantage of a time lag before the punitive measures take effect.
The Cool Rover tanker, which loaded at Gazprom’s PJSC’s Portovaya LNG export plant in northwestern Russia last month, is currently docking at the Huelva import terminal in Spain, according to ship-tracking data compiled by Bloomberg. Portovaya was among a number of entities listed late last week in Washington’s latest and most aggressive sanctions on Russia.