Russia and China Boost Shadow LNG Trade
Market Intelligence Analysis
AI-PoweredRussia and China have openly increased their sanctioned LNG trade, defying US and Western sanctions on Russian energy exports, with a Chinese tanker docking at a Gazprom facility on the Baltic Sea.
Market impact analysis based on bearish sentiment with 65% confidence.
Article Context
Russia and China aren’t even attempting to hide anymore the rise of sanctioned LNG trade as they continue to defy U.S. and other Western sanctions on Russian energy exports and vessels of the shadow fleet. The China-linked Kunpeng LNG carrier has docked at Portovaya, a small export plant on the Baltic Sea run by Russia’s gas giant Gazprom, marking the first time a Chinese tanker has been sent to ship LNG from the export facility sanctioned by the United States, vessel-tracking data compiled by Bloomberg showed on Friday. …
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