UK imposes sanctions on entities illegally shipping Russian gas

This information was reported on the British government’s website.

The report emphasized that LNG is an important source of funding for Putin’s war in Ukraine. Russia plans to expand its LNG revenues, aiming to grow its global LNG market share from 8% to 20%.  

The British government also reminded that earlier this year, it, along with its allies in the U.S. and the EU, imposed sanctions on the Arctic LNG 2 project, which forced a reduction in its production.

“Today’s action builds on this by targeting ships and entities involved in the Russian LNG sector, which engage with projects important to Russia’s future energy production,” the British government states.

The vessels sanctioned today include the PIONEER (IMO 9256602), ASYA ENERGY (IMO 9216298), NOVA ENERGY (IMO 9324277), NORTH SKY (IMO 9953523), and SCF LA PEROUSE (IMO 9849887). Additionally, the UK is sanctioning two entities associated with these vessels: Ocean Speedstar Solutions OPC, which operates and manages the PIONEER and ASYA ENERGY, and White Fox Ship Management, which operates and manages the NORTH SKY.

In total, the UK has now sanctioned 15 vessels and entities involved in the Russian liquefied natural gas sector.

• The U.S. State Department imposed sanctions on companies and ships that are illegally trying to move gas from the sanctioned Russian Arctic LNG 2 project