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'Arctic LNG 2 Plant Tripled July Runs In Preparation For Exports; The Facility Processed 28.7M Cubic Meters In July; First Exports From Arctic LNG 2 Happened In Early August' - Bloomberg News

Author: Benzinga Newsdesk | August 27, 2024 12:53pm

https://www.bloomberg.com/news/articles/2024-08-27/arctic-lng-2-plant-tripled-july-runs-in-preparation-for-exports?utm_source=google&utm_medium=bd&cmpId=google

Russia's Arctic LNG 2 project sharply hiked processing in July as it prepared to start liquefied-gas exports, defying US restrictions.

The Novatek PJSC-led plant, sanctioned by the US in November, processed around 28.7 million cubic meters of gas last month, according to a person with knowledge of industry data. That's 3.5 times more than June and the highest level in three months, comparisons with historic data show.

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