China creates shadow fleet for gas from Russia: how it circumvents sanctions.
According to inkorr.com: China is actively developing a 'shadow fleet' for importing Russian liquefied natural gas to circumvent US sanctions. Using complex technologies and opaque vessel registration schemes, China is strengthening its capabilities and collaborating with Russia. At the same time, Russia also has its own 'shadow fleet' for transporting LNG, but it faces numerous technical difficulties and issues related to concealing the location of vessels.
Main Facts
- China is developing a 'shadow fleet' for importing Russian gas, circumventing sanctions.
- Russia also has its own 'shadow fleet' for transporting LNG, but it faces technical challenges.
By the end of 2021, China is expected to create a full-fledged 'shadow fleet' that will allow it to diversify gas supplies and increase independence from existing suppliers.
The development of the 'shadow fleet' indicates attempts by both countries to adapt to external pressure and maintain their energy ties. Properly organized logistics and effective management may become key factors for success in this area, as well as impact the global energy market.
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