LNG entities under US sanctions to curb Russia's Arctic LNG 2 project
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 06 2024
0mins
Source: Reuters
U.S. Sanctions on Russian LNG Projects: The United States has imposed sanctions on numerous entities and individuals involved in supporting Russia's Arctic LNG 2 project and other energy initiatives, targeting companies that utilized deceptive shipping practices to transport liquefied natural gas (LNG) from the facility.
Focus on Future LNG Developments: Additional sanctions were placed on firms related to the Yakutia LNG project and other companies linked to Arctic LNG 2, aiming to prevent Russia from expanding its LNG fleet and circumventing European Union restrictions.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








