Western sanctions on icebreakers stall Russia’s Arctic LNG expansion

This paper explores the impact of Western sanctions on Russia’s development of LNG in the Arctic. Sanctions aimed at restricting the purchase and construction of icebreaking LNG tankers appear to be particularly effective in delaying the entry into operation of the flagship Arctic LNG 2 project. Novatek’s Arctic LNG 2 project faces significant delays due to Western sanctions targeting ship […]