US sanctions will deprive Yamal LNG of a third of tankers

October 1 2019 16

Unable to win fair competition, the United States does not hesitate to resort to the most vile ways to influence competitors.

According to the publication Kommersant, the sanctions that the US administration imposed on Cosco group companies on September 25 for allegedly transporting Iranian oil could deprive the Novatek Yamal LNG project of the ability to use six Arc-7 LNG tankers.

The sanctioned companies were to supply six Arc-7 vessels for LNG transportation: Eduard Toll, Rudolf Samoilovich, Nikolay Evgenov, Vladimir Voronin, George Ushakov and Yakov Gakkel.

However, after the imposition of sanctions, US companies and citizens are prohibited from working with these vessels. In addition, given the extraterritoriality of the sanctions, tankers will be denied entry to foreign ports.

The opinions of the expert community regarding the consequences for Yamal LNG from the imposed sanctions were divided.

A number of experts are sure that the sanctions will not be critical for the project, since Yamal LNG has the necessary capabilities to ensure the transportation of LNG produced by the enterprise.

However, there are also supporters of the darkest scenario, in which the above-mentioned vessels will not only not be able to transport in international waters, but will also be forced to abandon coastal transport.

In what scenario the development of events will take place, we will find out in the near future.

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Igor Pavlovich

+1

1 October 2019 14: 37

Soon, an embargo on oil supplies will be introduced ...
gorenina91

-2

1 October 2019 15: 48

- I will continue the "dark scenario" ...

Sanctions imposed by Washington against a subsidiary of China’s largest container carrier COSCO, which the States accused of transporting Iranian oil, threatened to disrupt the supply of tankers for the Yamal-LNG plant, Russia's largest producer of liquefied natural gas with a capacity of 16,5 million tons per year. To transport LNG eastward, the project operator, Novatek, needs Arc7 ice-class gas tankers, which were ordered from a joint venture between Canadian Teekay and China's LNG Shipping (Holdings) Limited (CLNG).
The latter is 50% controlled by COSCO Shipping Tanker (Dalian) Co.
As a result, six Arc7 tankers ordered for the Yamal LNG plant may be indirectly subject to restrictions, Vedomosti reports, citing a statement by the Canadian company.
“In accordance with the OFAC rules (a division of the US Treasury that is responsible, in particular, for sanctions), the joint venture is also now considered to be a“ blocked person, ”Teekay said in a statement.
In addition to six Teekay tankers, theoretically, partnerships with the Chinese company may also include Yamal LNG carriers belonging to the Greek Dynagas. The Greeks ordered five tankers from DSME for the Russian plant and involved CLNG (a subsidiary of the COSCO subsidiary) and Sinotrans Shipping Ltd. (25,5% each). CLNG has no control in the joint venture, but this does not guarantee the joint venture from imposing sanctions.
1. Victor N
  
  +3
  
  1 October 2019 16: 10
  
  This is a war, however. No panic.
  1. Pishenkov
    
    0
    
    1 October 2019 20: 43
    
    ... the main thing at the same time is not to respond to fire from an enemy trench with the expression of "deep concern" ... And that is precisely and only in this way, as it seems to me, in the Russian Federation they have been fighting lately ...
    1. Nick
      
      0
      
      1 October 2019 23: 46
      
      Quote: Pyshenkov
      The main thing here is not to respond to fire from an enemy trench with an expression of "deep concern" ... And that is exactly and only in this way, as it seems to me, in the Russian Federation they have been fighting lately ...
      
      It seems to you. They still haven’t opened fire at us. Yes, and do not dare.
      1. Pishenkov
        
        +3
        
        2 October 2019 09: 11
        
        ... I, if you read what I answer, I mean "fire" in a figurative sense. And in this sense, it was opened a long time ago, and is being fired in full and almost along the entire "front line" ...
2. DPN
  
  -1
  
  1 October 2019 20: 05
  
  Maybe this is for the best, in addition to OIL and GAS, we will learn to trade with something else.
oshcevidez

-2

1 October 2019 19: 03

It's time to bomb.
Sapsan136

+2

1 October 2019 20: 37

So, US courts should close the entrance to the ports of the Russian Federation! RF, it's time for the Yankees to respond to their arrogant attacks!
1. Pishenkov
  
  +3
  
  1 October 2019 20: 54
  
  They enter them so little that no one will feel it. And if they do, then under different "left" flags - Liberia, Panama, etc.
  Others need to answer. For example, stop selling strategic raw materials, rocket engines, etc. To ban American airlines from flying over their territory (this will already be sensitive) and to impose huge duties on high-tech products from US companies - IBM, Apple, Microsoft, etc., as well as cars and everything else ...
  1. Sapsan136
    
    +2
    
    1 October 2019 21: 20
    
    You can start with the embargo on importing cars of companies belonging to US citizens or located in the USA into the Russian Federation ... and if it doesn’t work, threaten with confiscation of the property of US citizens in the Russian Federation, it is very much and it costs a lot ... AYBIM has long been owned by China, Today this company is called Lenovo.
    1. Pishenkov
      
      +5
      
      1 October 2019 22: 10
      
      I am not sure that there are so many American cars in the Russian Federation to make it "sick" for someone. And in general, in my opinion, “punishing” those Americans who, despite all sorts of sanctions, work in Russia, that is, invest, pay taxes and benefit the country, is simply stupid. As well as seizing the property of US citizens in the Russian Federation - let them invest themselves, especially in real estate, they will not take it with them to the States, if anything ...
      It is necessary to block the import of goods from the US itself and US-owned companies around the world. Moreover, the EAEU and the CSTO should work together in this. And then, as the open market, the movement of citizens, etc., so everything is OK, but how to solve problems - so, like, every man for himself ... It doesn't work like that. The EU is grunting, swearing in a rag, and supports all the American sanctions, and at a huge loss for itself ... And where are Russia's soyuz brothers? No! They are right there, just how to take oil and gas at a cheap price, divide the money, get their visa-free for guest workers, etc.
      1. Sapsan136
        
        +1
        
        2 October 2019 20: 06
        
        They have profit from this and export it to the United States ... So let them ask Trump why they lost profit from business in the Russian Federation due to the fault of his stupid policy. ... But Russian Gaster is not needed at all, they only hinder the automation and development of production in the Russian Federation, increasing the share of crime and exporting money from the Russian Federation.
BoBot Robot - Free Thinking Machine

0

1 October 2019 23: 01

It would be nice to plant a pig!
Krasstar

0

2 October 2019 19: 16

You need to understand how much energy uranium Russia supplies to the United States ... and then for 3 years (with the possibility of prolongation) to stop this business ...
yuriy55

+1

3 October 2019 14: 17

US sanctions will deprive Yamal LNG of a third of tankers.

Where will they evaporate? Or someone dares to arrest a ship belonging to the Russian Federation? Then why do we need these "Husky", "Caliber" and "Onyx"?