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Yo_Mama_Been_Loggin

(107,727 posts)
Wed Mar 2, 2022, 04:39 PM Mar 2022

Seaborne Russian gas supplies to Europe disrupted by looming port bans

OSLO/LONDON (Reuters) - Supplies of Russian liquefied natural gas (LNG) to Europe have been disrupted by uncertainty over whether ships can discharge cargoes at European ports due to sanctions imposed on Moscow, according to ship tracking data and trade sources on Wednesday.

The disruptions come at a time when Europe is contending with record prices for natural gas due to tight supplies that have ramped up energy bills and led governments to pay billions of dollars in subsidies to consumers struggling to stay warm.

Four tankers that loaded LNG at the Russian gas terminal in Yamal and initially said they were sailing to British and French ports have changed their destination status to "For Orders", Refinitiv Eikon ship tracking data showed. That means the vessels are awaiting new orders from their owners.

The change in destinations came after Britain said on Monday it was denying entry to British ports to ships that are Russian owned, operated, controlled, chartered, registered or flagged as it ratcheted up pressure on Moscow over the invasion of Ukraine.

https://finance.yahoo.com/news/seaborne-russian-gas-supplies-europe-184541367.html

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