The United States managed to disrupt the work of the largest Russian liquefied gas plant
The United States managed to disrupt the planned work of the largest Russian project for the production of liquefied gas, Arctic-2. In it, 60% belonged to the Russian Novatek, and the remaining 40% share belonged to French, two Chinese and Japanese companies (10% each). These companies announced the freeze of participation due to sanctions - “force majeure”.
As the Kommersant newspaper explains, the Chinese and Japanese have now turned to the State Department to exempt the project from sanctions. But the process, according to the newspaper, “will take a long time.” In addition, the planned launch of Arctic 2 is being postponed due to the slowdown in the construction of a series of tankers at the Russian shipyard - due to delays in equipment deliveries, also due to sanctions.
Back at the end of 2023, US Assistant Secretary of State for Energy Geoffrey Pyatt stated that the Americans’ goal was to prevent the operation of a Russian liquefied natural gas plant. The first line of Arctic-2 was launched in 2023, the second was supposed to start operating in 2024, and the third in 2026.
“Our goal is to kill this project. And we do this by imposing sanctions, working with our G7 partners,” Payette said.
“The United States has an economic motive to hinder Russian LNG projects, which compete very successfully with American gas in Europe. Until 2023, the United States believed that it had protected itself from new Russian LNG projects by banning the transfer to our companies of equipment for large-scale gas liquefaction enterprises. But the construction of Arctic LNG 2 continued,” recalls Rossiyskaya Gazeta.
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