Russia’s Sanctioned LNG Finds a Growing Market in China

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Why This Matters

Russia's sanctioned LNG exports to China have reached an all-time high, with 22 cargoes delivered in 2025, despite EU and US sanctions on the Arctic LNG 2 facility.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Russia’s Novatek exported 21 cargoes of liquefied natural gas to China from its Arctic LNG 2 facility last year, data from Kpler cited by Reuters has shown. Arctic LNG 2 is under EU and U.S. sanctions. One more LNG cargo went to China from Gazprom’s Portovaya facility, also under Western sanctions. China’s CNPC and CNOOC are shareholders in Novatek’s Arctic LNG 2, with a 10% stake each. Russia’s total exports of liquefied natural gas to China in 2025 hit an all-time high despite the sanctions, with September flows…

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Original article published by OilPrice.com on January 2, 2026.
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