LNG Exports from Russia's Yamal LNG Slowing

Friday, July 12, 2024

Exports of liquefied natural gas (LNG) from Russia's Yamal LNG plant have slowed slightly in July so far compared with the same period a year due to a longer wait for vessels to offload the fuel in Europe, ship-tracking data from LSEG showed on Thursday.

The exports have slowed down amid maintenance at the French terminal of Montoir-de-Bretagne, which receives cargoes from Yamal LNG.

According to LSEG, eight tankers departed from the port of Sabetta in the Arctic Yamal peninsular in July 1-12, compared with nine tankers in the same periods of June and July 2023.

LNG exports from the plant for the period were 590,000 metric tons, down from 650,000 tons in the same period last year and 570,000 tons in June 1-12, LSEG data showed.

Last month, European Union countries agreed on a new package of sanctions against Russia over the conflict in Ukraine, including a ban of re exports of Russian LNG through EU waters.

The sanctions take effect from March 2025.


(Reuters - Reporting by Oksana Kobzeva in Moscow and Marwa Rashad in London; writing by Vladimir Soldatkin and Louise Heavens)


Related Stories

Eco Wave Finds Partner for Wave Energy Project in India

Offshore Drilling 2025: 3 Things to Watch During a Year of Market Corrections

The Five Trends Driving Offshore Oil & Gas in 2025

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Blackford Dolphin Kicks Off Long-Term Drilling Campaign Offshore India

Shelf Drilling Secures $200M Contract Extensions with Chevron for Thailand Ops

Floating Wind and the Taming of Subsea Spaghetti

Sunda Energy Pushes Back Chuditch-2 Appraisal Well Drilling Date

ABS Takes Charge of Digital Twin Project for Petrobras’ FPSOs

Petronas to Proceed with South China Sea Oil and Gas Exploration

Current News

Petronas Inks Two More PSCs for Bid Round 2024, Launches Round 2025

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

Japan's Japex Shifts Back to Oil and Gas Investments

Tokyo Gas Enters LNG Market in Philippines

ONE Guyana FPSO En Route to ExxonMobil’s Yellowtail Field

SLB Names Raman CSO, CMO

Eco Wave Finds Partner for Wave Energy Project in India

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com