Russia and China Unfazed by Sanctions in Booming LNG Trade

An LNG tanker has loaded fuel from a sanctioned Russian export project on the Baltic Sea, vessel-tracking data showed on Monday, as Russia and China are boosting their mutually beneficial LNG trade unfazed by the Western sanctions.

The Kunpeng tanker, which is not blacklisted, has loaded LNG from Portovaya, a small export plant on the Baltic Sea run by Russia’s gas giant Gazprom, and departed with the cargo on December 21, according to ship-tracking data from analytics firm Kpler and from LSEG cited by Reuters.

Portovaya, Gazprom’s only LNG export facility, and its Russia-based operator, Gazprom SPG Portovaya Limited Liability Company, were sanctioned by the United States in January 2025 in one of the last actions of the Biden Administration in a barrage of sanctions to “degrade Russia’s energy sector.” 

Last week, Bloomberg reported that the Kunpeng is now linked with companies in China and the Marshall Islands and docked at Portovaya for the first time a China-linked tanker has been sent to ship LNG from the export facility sanctioned by the United States.

Earlier this month, China received the first shipment from Portovaya on a U.S.-blacklisted vessel, as Russia and China continue to flaunt Western sanctions on their LNG trade.

Russia has been stepping up efforts to sell its sanctioned LNG supply in China in recent months.

Clear evidence of these efforts is the rising exports from Russia’s Arctic LNG 2 project to China in defiance of U.S., UK, and EU sanctions on the project and tankers serving its exports.

China is estimated to have received more than a dozen LNG cargoes from Arctic LNG 2 this year.

The increased shipments from Portovaya come as thick ice hinders LNG exports from the Arctic project.

Russian liquefied natural gas exports to China broke a record set earlier this year, overtaking Australian shipments in November, according to customs data cited by Bloomberg. The data showed that Russian LNG flows to China in November rose more than twofold from a year earlier to reach 1.6 million tons, making the country China’s second-largest LNG seller after Qatar.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com

 

  • Related Posts

    Amazon Nears 1 GW of Wind Power in Sweden With Four New Deals

    Amazon has expanded Germany’s largest-ever power purchase agreement (PPA), signed in June, and announced another four deals to buy power from four wind farms in Sweden as the e-commerce giant…

    Pakistan’s Five Refineries Set for $6 Billion Upgrade Push

    Pakistan’s five oil refineries are expected to sign agreements in early September for upgrades that are expected to unlock as much as $6 billion in investment in the country’s refining…

    Have You Seen?

    India Surpasses 300 GW of Non-Fossil Power Capacity

    • August 28, 2026
    India Surpasses 300 GW of Non-Fossil Power Capacity

    Pakistan’s Five Refineries Set for $6 Billion Upgrade Push

    • August 28, 2026
    Pakistan’s Five Refineries Set for $6 Billion Upgrade Push

    Amazon Nears 1 GW of Wind Power in Sweden With Four New Deals

    • August 28, 2026
    Amazon Nears 1 GW of Wind Power in Sweden With Four New Deals

    Qatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG Traffic

    • August 28, 2026
    Qatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG Traffic

    India and Indonesia look to strengthen semiconductor ties

    • August 28, 2026
    India and Indonesia look to strengthen semiconductor ties

    Woodside receives final Pluto LNG train 1 module

    • August 28, 2026
    Woodside receives final Pluto LNG train 1 module

    Interlune recreates lunar helium in simulant for Earth-based extraction testing

    • August 28, 2026
    Interlune recreates lunar helium in simulant for Earth-based extraction testing

    Trump Sends Saudi Nuclear Deal to Congress as Riyadh Rejects Israel Condition

    • August 28, 2026
    Trump Sends Saudi Nuclear Deal to Congress as Riyadh Rejects Israel Condition

    U.S. In Talks To Take Direct Ownership Of Venezuelan Oil Fields

    • August 28, 2026
    U.S. In Talks To Take Direct Ownership Of Venezuelan Oil Fields

    Oil Prices Head for a Weekly Loss Despite Escalating Iran Tensions

    • August 28, 2026
    Oil Prices Head for a Weekly Loss Despite Escalating Iran Tensions