Russian Arctic LNG Shipments Continue to China Despite Sanctions

Russian liquefied natural gas exports from the Arctic LNG 2 project are continuing despite U.S. and European sanctions, with China emerging as a key outlet for the flows. According to vessel tracking data, the Buran LNG carrier loaded cargo from a floating storage unit near Murmansk in late December and delivered it to China’s Beihai terminal via the Suez Canal route, signaling Russia’s ability to reroute volumes and maintain seaborne gas trade. The ongoing shipments highlight the resilience of Russian LNG supply into Asia and remain a relevant factor for global benchmarks including Oil – Brent Crude (CM:BZ), Oil – US Crude (CM:CL), and Natural Gas (CM:NG), as investors weigh geopolitical disruption risks against evidence of continuing Russian energy exports.

Over the past month, prices for CM:CL have gained about 7.73%, while CM:BZ is up roughly 8.32%, reflecting a market increasingly attentive to supply-side developments, including Russian flows and Middle East shipping risks. Both crude benchmarks currently show a short-term technical tilt toward strength, with a 1-day signal of Buy for CM:CL and Buy for CM:BZ, suggesting positive momentum as traders price in tightness expectations. CM:NG has climbed about 27.41% over the last month, a move consistent with heightened sensitivity to winter demand and supply uncertainties, and its 1-day technical reading also stands at Buy. Investors can explore more updates, prices, and analysis across global markets at Commodities.