Yesterday at 11:33 AM | Gas

Russia intends to boost LNG exports despite US restrictions — Bloomberg

Russia intends to boost LNG exports despite US restrictions — Bloomberg

According to Bloomberg, Russia is attempting to boost its exports of liquefied natural gas (LNG) despite the US restrictions. The LNG tanker Iris left Russia's Arctic LNG 2 export terminal for the first time since October 2024, the news agency reports.

The facility was idle for months due to a lack of buyers and full storage tanks. Last year, the administration of former US President Joe Biden imposed restrictions on ships and companies involved in deliveries from the terminal.

However, Russia can significantly ramp up LNG exports amid the expansion of its shadow fleet. At least 13 ships may start to service Arctic LNG 2, Bloomberg says. According to Malte Humpert, founder of the Arctic Institute, Russia now has more tankers for delivering super-cooled fuel at its disposal than it did in the summer and fall of last year.

He believes China is the most likely buyer of Russian LNG. However, Humpert notes declining Chinese demand for this fuel for the past eight months.

Elena Berseneva MarketCheese
Period: 07.07.2025 Expectation: 1900 pips
SPX may retreat to 5,980 following all-time high
Yesterday at 10:08 AM 22
Gold sell
Period: 04.07.2025 Expectation: 5000 pips
Gold's six-month uptrend is under threat as prices test 3250 level
Yesterday at 09:30 AM 63
Period: 04.07.2025 Expectation: 750 pips
AUDCAD rises amid easing geopolitical tensions
27 June 2025 81
Period: 03.07.2025 Expectation: 800 pips
Weak dollar pushes GBPUSD to new highs
27 June 2025 65
Period: 04.07.2025 Expectation: 500 pips
Selling EURUSD down to 1.1640
27 June 2025 50
Period: 04.07.2025 Expectation: 224 pips
Selling natural gas with target of 3.335 amid colder weather and oversupply
26 June 2025 73
Go to forecasts