Data shows that Gazprom has delivered the first LNG cargo to China after sanctions from Portovaya.

LSEG data revealed on Monday that Russian energy giant Gazprom delivered a cargo of liquefied gas from the Portovaya LNG facility to China. This was the first shipment since January when the United States imposed sanctions against the project.

LSEG's ship tracking data revealed that the gas carrier Valera (formerly Velikiy Novgorod) transported the cargo from a Baltic Sea plant to Beihai LNG Terminal.

Novatek, the largest LNG producer in Russia, uses the same loading port in China to load cargoes from Arctic LNG 2.

Data showed that the tanker arrived in Tieshan port, south China on November 28 after being loaded at Portovaya.

In September 2022, the small-scale Portovaya LNG Plant, with a production capability of 1.5 million tonnes of LNG annually, began operations.

In February of this year, exports were suspended following the introduction by the U.S. of sanctions against Ukraine. This was done to disrupt Russia's production and exporting LNG as well as reduce Russia's revenue.

During the initial stages of operation, Portovaya delivered most of its cargoes to Turkey and Greece. The supply markets were then expanded to include China, Spain, and Italy. Bernadette B. Baum, Bernadette Baum (Reporting)

(source: Reuters)