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A shortage of gas tankers and pressure from international sanctions are hindering Russia’s plans of becoming a leading exporter of liquefied natural gas (LNG), Reuters reported Dec. 22. Russia hoped to increase its share of the global LNG market from 8% to 20% by 2030, offsetting the economic impact of sanctions on Russian pipeline gas exports. A key component of Russia’s ambitions is the Arctic LNG 2 project, which was set to begin shipping in the first quarter of 2024. Located on the Arctic’s Gydan Peninsula, Arctic LNG 2 is positioned to export LNG supplies to both Europe and Asia, and the …

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