Russia and China Boost Shadow LNG Trade

Russia and China aren’t even attempting to hide anymore the rise of sanctioned LNG trade as they continue to defy U.S. and other Western sanctions on Russian energy exports and vessels of the shadow fleet.  The China-linked Kunpeng LNG carrier has docked at Portovaya, a small export plant on the Baltic Sea run by Russia’s gas giant Gazprom, marking the first time a Chinese tanker has been sent to ship LNG from the export facility sanctioned by the United States, vessel-tracking data compiled by Bloomberg showed on Friday. …