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Vladimir Putin’s flagship Arctic gas project struggles to lure customers

US sanctions appear to be deterring buyers, satellite images and ship-tracking data suggest
The Saam floating storage unit in the Arctic waters off northern Russia has been taking LNG shipments from a key gasfield

Russia has been forced to start storing gas from Vladimir Putin’s flagship Arctic project, in a sign that western sanctions are deterring buyers.

According to ship-tracking data and satellite images, three vessels have shipped liquefied natural gas from the US-sanctioned Arctic LNG 2 since it started loading operations last month.

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