Tanker EVENTIN adrift in the Baltic Sea

EU Targets Key Players in Shadow Fleet Transporting Russian Oil

The European Union has expanded its sanctions against Russia, targeting nine individuals and entities associated with a shadow fleet transporting Russian oil illegally. Notably sanctioned is Murtaza Ali Lakhani, overseeing key operations, alongside executives from the 2Rivers Group. These measures aim to disrupt networks aiding Russia’s crude oil shipments amidst ongoing military aggression.

Continue reading
Russian LNG Pair Halts Exports As Sanctions Kick In

Russian LNG Producers Halt Supplies Amid U.S. Sanctions Over Ukraine Conflict

Small-scale Russian LNG producers Portovaya LNG and Kryogaz-Vysotsk, located on the Baltic Sea shores, have stopped LNG supplies due to U.S. sanctions in response to the conflict in Ukraine. The plants, with a grace period until February 27, have halted shipments, impacting the global LNG trade and highlighting the influence of political decisions on industry operations.

Continue reading
Advertisements