Russia and China Unfazed by Sanctions in Booming LNG Trade
Market Intelligence Analysis
AI-PoweredRussia and China are continuing to boost their LNG trade despite Western sanctions, with a tanker loading fuel from a sanctioned Russian export project on the Baltic Sea.
Market impact analysis based on bullish sentiment with 61% confidence.
Article Context
An LNG tanker has loaded fuel from a sanctioned Russian export project on the Baltic Sea, vessel-tracking data showed on Monday, as Russia and China are boosting their mutually beneficial LNG trade unfazed by the Western sanctions. The Kunpeng tanker, which is not blacklisted, has loaded LNG from Portovaya, a small export plant on the Baltic Sea run by Russia’s gas giant Gazprom, and departed with the cargo on December 21, according to ship-tracking data from analytics firm Kpler and from LSEG cited by Reuters. Portovaya, Gazprom’s…
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