Russian LNG under U.S. sanctions heads for first time to India
LONDON, April 16 -- A cargo of liquefied natural gas from Russia'sPortovaya plant on the Baltic Sea that is under US sanctions is on its way to India, LSEG shipping data showed on Wednesday.
Kunpeng, a 138,200 cubic metre tanker, is heading to Dahej LNG import terminal in western India, according to LSEG data.
If it reaches its destination, it would be the first such delivery to India since US President Donald Trump last year said Prime Minister Narendra Modi had assured him India would stop buying Russian energy.
India has never publiclyconfirmed any such pledge and has said its buying decisions are guided by price, supply security and consumer interests.
As one of the world's biggest energy importers, it is now greatly exposed to the disruption and price rises caused by the Middle Eastern war and the resulting closure of the Strait of Hormuz.
The small-scale Portovaya plant, which has a production capacity of 1.5 million tonnesof LNG per year, startedoperations in September2022. reuters...
To read the full article or to get the complete feed from this publication, please
Contact Us.