Home Arctic Economy Latest round of US and UK sanctions takes aim at Russia’s Arctic LNG 2 project
Arctic Economy Energy Security

Latest round of US and UK sanctions takes aim at Russia’s Arctic LNG 2 project

By Malte Humpert, High North News February 26, 2024

The US and UK announced further sanctions against Russia´s Arctic LNG 2-project targeting ship construction in Russia and South Korea and Novatek’s Belokamenka assembly yard. The impact of three rounds of sanctions in the last six months continues to delay the first shipment from the project.

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