The rise of ‘shadow’ LNG vessels: A new chapter in Russia’s sanctions evasion strategy

More than two and a half years after Russia’s full-scale invasion of Ukraine, reports have surfaced about the emergence of ‘shadow’ liquefied natural gas (LNG) vessels. Mirroring tactics previously used for oil exports, unknown companies are purchasing and registering old ships in non-sanctioning countries, with their insurance possibly managed by Russian firms. Recent data reveals …

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