A Finnish investigation uncovers an extensive Dubai-based network managing Russian shadow fleet oil and LNG tankers. A single UAE firm owns 24 sanctioned ships.
Panama's Maritime Authority commenced flag cancellation procedures after US sanctions targeted the LNG carriers' Singapore-based operators over connections to Russian gas producer Novatek and sanctions evasion.
As the EU prepares sanctions against Russian LNG, two of the bloc's largest importers remain worryingly silent on targeting the Kremlin's energy profits.
Explosions and a fire broke out early on 21 January at the Ust-Luga natural gas terminal operated by Russian company Novatek, Russia's largest independent natural gas producer.
Foreign shareholders in Russian Arctic LNG-2 project, including TotalEnergies and Chinese firms, declare force majeure and suspend involvement, prompted by US sanctions on Russia's Novatek, Russian media says.
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