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China criticizes sanctions on Russias Arctic LNG-2 project

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Published December 26,2023


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China’s involvement in Russia’s Arctic LNG-2 liquefied pure gasoline (LNG) venture shouldn’t be the goal of any third get together intervention or restrictions, its overseas ministry mentioned on Tuesday.

Chinese state-owned oil majors CNOOC Ltd and CNPC reportedly suspended their participation in Arctic LNG 2 on Monday, after the Russian controlling shareholder Novatek was reported to have declared pressure majeure due to U.S. sanctions imposed on Thursday.

Source: www.anews.com.tr

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