LONDON (Reuters) -Britain on Thursday approved 5 vessels and 2 linked entities associated with the delivery of Russian LNG, with the federal government stating it was making use of brand-new lawful powers for the very first time to target LNG vessels straight.
“Earlier this year, the UK sanctioned Arctic LNG 2, alongside our allies in the US and EU. Since then, the project has been forced to slash production,” the federal government declaration claimed.
“Today’s action builds on this by targeting ships and entities involved in the Russian LNG sector, which engage with projects important to Russia’s future energy production.”
Thursday’s approved entities were White Fox Ship Management and Ocean Speedstar Solutions OPC. The ships were Asya Energy, Pioneer, North Sky, SCF La Perouse and Nova Energy.
Earlier this month Britain put permissions on 10 more ships in Russia’s supposed “shadow fleet” of vessels which it claims utilize illegal methods to prevent Western limitations on Russian oil.
Russia declines Western stress to restrict its oil exports, and in the previous year there has actually been a development in the variety of vessels carrying freights that are not controlled or guaranteed by traditional Western carriers.
(Reporting by Muvija M, Writing by Kylie MacLellan; editing and enhancing by William James)
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