Gazprom Delivers Second Post-Sanctions LNG Cargo to China Amid U.S. Sanctions
Russian energy company Gazprom has successfully delivered its second liquefied natural gas (LNG) cargo to China from the Portovaya plant in the Baltic Sea. This delivery comes despite the imposition of additional U.S. sanctions in January 2025, aimed at disrupting Russia's LNG production and export capabilities due to the ongoing Ukraine conflict. The Portovaya plant, which began operations in September 2022, has a production capacity of 1.5 million tons of LNG annually. The recent shipment was transported by the gas carrier Valera, previously known as Velikiy Novgorod, and arrived at the Beihai LNG terminal. Prior to the sanctions, Portovaya regularly shipped two cargoes per month during the winter season to various countries, including Turkey and Greece, with its market later expanding to China, Spain, and Italy.