Novatek

The US has imposed sanctions on four Singaporean LNG companies due to their ties to the Russian gas company Novatek.

Due to sanctions, Russia has suspended the operation of two Novatek gas megaprojects. The company has frozen plans to build new gas liquefaction plants,  LIGA reports with reference to rosZMI. Novatek, which is the largest LNG producer in Russia, was forced to freeze two gas megaprojects due to sanctions. This applies to the Murmansk LNG…