Sanctioned Russian LNG Plant Looks Set to Restart Exports

A liquefied natural gas tanker appears to have docked at a Russian Arctic export plant sanctioned by the US for the first time in eight months, in what is likely Moscow’s latest attempt to expand deliveries of the fuel.

The Iris, an LNG tanker previously known as North Sky, was moored at the Arctic LNG 2 facility early Friday, ship-tracking data compiled by Bloomberg showed. The last time LNG was exported from the plant was in early October, with large-scale production shut shortly after due to tightening sanctions from the US and a build up of ice around the facility.