Russia has found a scheme to bypass sanctions for gas sales - Media.

Russian gas scheme to bypass sanctions
Russian gas scheme to bypass sanctions

A Russian gas tanker, which fell under US sanctions, was spotted near the Suez Canal. The tanker was transhipping gas onto another tanker that was not subject to American sanctions. This was reported by the Reuters agency.

According to the monitoring service TankerTrackers.com, the gas tanker named Pioneer transferred gas onto the tanker New Energy. The latter is sailing under the flag of Palau, belongs to the UAE, and is managed by India. This happened north of the Suez Canal.

The Arctic LNG-2 plant, which began producing liquefied natural gas in December, was able to load its gas onto the Pioneer tanker. However, due to the sanctions imposed on Russia, gas exports faced obstacles. Therefore, a ship-to-ship transfer of gas onto another tanker was carried out.

Ship-to-ship transfers are usually used to move gas from expensive ice-class tankers to cheaper ones. They can also be used to complicate cargo tracking.

India, along with some other countries, continues to buy Russian gas despite the sanctions. But countries sometimes avoid disclosing this fact to avoid diplomatic issues.

Several tankers, including Pioneer and Asya Energy, entered Russian waters at the end of July. They engaged in several "deceptive shipping practices," such as turning off the automatic identification system (AIS) of the vessels.

The Arctic LNG-2 plant planned to become the largest in Russia. It planned to produce 19.8 million metric tons of liquefied natural gas and 1.6 million tons of stable gas condensate per year from three production lines.

Source: Economic Truth


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