China Lines Up Second LNG Terminal for Sanctioned Russian Cargoes, Sources Say
AI Summary
China is preparing to open a second LNG import terminal to accommodate sanctioned liquefied natural gas cargoes from Russia's Arctic LNG 2 project. This expansion aims to diversify and increase LNG import capacity.
China is preparing a second import terminal to handle liquefied natural gas cargoes from Russia's sanctioned Arctic LNG 2 project, expanding a route that so far relies on a single facility, three sources with knowledge of the matter said.
Markets Deals Commodities Energy Shipping China LNG terminal Russian LNG Arctic LNG 2 LNG imports sanctions