Russia LNG Plant in Baltics Sends Sanctioned Gas to China

A Russian liquefied natural gas export facility delivered its first shipment to China since being sanctionedBloomberg Terminal by the US in January, the latest sign of increased energy cooperation between Beijing and Moscow.

The Valera vessel, which loaded a shipment from Gazprom PJSC’s Portovaya facility on the Baltic Sea in October, arrived at the Beihai import terminal in southern China on Monday, ship data compiled by Bloomberg shows. Both Valera and Portovaya were sanctioned by Joe Biden’s administration to thwart Russia’s plans to boost LNG exports.