Russia Pitches Sanctioned Arctic LNG Cargoes to Indian Buyers

  • Arctic LNG 2 was sanctioned by US government in 2023
  • No cargoes from the project have landed at foreign ports
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Russian officials have held meetings with Indian buyers this week in an effort to sell liquefied natural gas from a flagship export facility sanctioned by the US.

Government officials and senior executives from Novatek PJSC — which leads the Arctic LNG 2 export plant — spoke with counterparts during the India Energy Week conference in New Delhi, according to people with knowledge of the matter. The talks touched on the potential sale of volumes from the plant, hit by US restrictions in 2023.