The production fell 90%: one of the largest gas plants of the Russian Federation almost stopped because of sanctions

The project is key to the ambitions of the Russian Federation on the increase of gas exports and the development of the northern maritime route in the Arctic, and through Western sanctions in early November, production decreased by more than 90% compared to October, Bloomberg reports. From November 1 to November 10, 2024, the Russian project Arctic LNG 2 produced an average of 0. 4 million cubic meters of gas per day, and this is a minimum rate for the last year, the authors of the material write.

It is noted that this is more than 90% less than the average of October and the lowest production level since September 2023. Last quarter last year, even during the commissioning and launch of the first line, Arctic LNG 2, the plant deposits were produced from 2 to 14 million cubic meters a day, journalists said. The reason for the sharp reduction of production were Western sanctions that blocked exports, write in Bloomberg.

Russia relied on the project of Arctic LNG 2 in its plans to increase Russian gas exports and develop the northern maritime route, which is why this plant came under several waves of sanctions of Western powers last year, which imposed on the Kremlin through the war against Ukraine.

According to the authors of the article, sanctions from the US and other allies have displaced investors, restricted the project with access to ice tankers, without which it is impossible to transport cargoes with arctic waters, and deprived Russia of many foreign buyers. The Arctic LNG 2 project is designed to produce 19. 8 million tons of liquefied natural gas per year, and so far there is only one link that can produce 6. 6 million tons a year, journalists say.

Super -fuel production increased in August and September, when ice conditions were allowed to be used for export ordinary gas trucks, but none of these parties were taken to foreign ports. Last month, it was reported to stop the processes of liquefaction at the factory. We will remind, on November 8 in the General Directorate of Intelligence of the Ministry of Defense of Ukraine stated that they dismantled the Russian UAV C-70 "hunt" and found in it dozens of details from the US and EU.

The find indicates that the Russian Federation still has the opportunity to buy Western microelectronics and other necessary technological components despite sanctions, the scouts said. In addition, on November 7, InformNapalm reported the results of the investigation, which revealed that the Russians bypassing sanctions were building a military plant on western equipment.