hanse_mina, The Novatek PJSC-led Arctic LNG 2 facility, on the icy Kara Sea, is a key part of #Moscow’s plans to boost exports and replenish coffers. For months now, it has been ready to ship liquefied natural gas to new markets, alternatives to the once-lucrative European pipeline trade.
And yet, the vast new $25 billion operation is sitting virtually idle, the first piece of #Russia’s energy production complex to be effectively curbed by #US restrictions.