Daily Memo: Russia’s Revised LNG Timeline

Sanctions have significantly delayed the launch of the Arctic LNG 2 project.

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Next phase on ice. Equipment shortages and blockages forced Russian natural gas producer Novatek to delay construction of the third and final train of the Arctic LNG 2 project until 2028, two years later than planned. Western sanctions have complicated the launch of the liquefied natural gas (LNG) project, which has been hampered by a […]

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