Russian Arctic LNG 2 Project Resumes Gas Processing

Arctic LNG 2, the processing and export facility that was billed as Russia’s flagship LNG project, has gradually resumed gas processing after months of hiatus, Reuters reported on Tuesday, citing industry sources and satellite images. Arctic LNG 2 has been under U.S. and EU sanctions since last year, and the project hasn’t been able to sell any cargo because of the sanctions. The first production train at the plant was shut in early October over the project developers’ inability to secure buyers amid the Western sanctions on Arctic…