Chinese vessels race to Arctic to salvage Russian LNG project
In a high-stakes maneuver to rescue Russia’s largest liquefied natural gas (LNG) project, Novatek’s Arctic LNG 2, Chinese cargo vessels are racing to the Arctic carrying crucial equipment, reports High North News. The shipment faces a race against both winter sea ice and Western sanctions. The secretive and risky mission could determine the fate of one of Russia’s key energy ventures and highlights Beijing’s delicate balancing act between economic cooperation with Russia and avoiding Western sanctions.
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