Data shows that Portovaya, Kryogaz-Vysotsk and other Russian LNG exporters have stopped LNG exports due to sanctions.
LSEG data on Thursday showed that two small-scale Russian LNG producers located along the Baltic Sea shores, Portovaya LNG, and Kryogaz Vysotsk have stopped LNG deliveries. This is due to the U.S. sanctions.
Washington introduced new sanctions last month against Russia for the conflict in Ukraine. These included the two nuclear plants. There was a grace period up until the 27th of February.
LSEG data show that Kryogaz-Vysotsk (controlled by Novatek and Gazprombank) last shipped a cargo in February, with delivery at the Zeebrugge terminal in Belgium on February 22. LSEG data shows that Portovaya LNG delivered its last cargo to customers around mid-January.
The tanker Pearl, previously known as Pskov was loaded with LNG by Portovaya in early this month. It is now anchored along with the Velikiy Nogorod gas carrier, which is also servicing the Project.
LSEG data indicates that all the tankers servicing the plants are at sea.
Kryogaz-Vysotsk's annual production capacity is 820,000 tons of LNG, while Portovaya can produce 1.5 millions tons. Reporting and Editing by David Goodman, Elaine Hardcastle
(source: Reuters)