In a new analysis published on Friday 23 August, the Centre for Research on Energy and Clean Air (CREA) warned of the appearance of “shadow” liquefied natural gas (LNG) vessels, designed to circumvent Western sanctions targeting Russia’s LNG revenues.
Similar to the tactics used for oil exports (see EUROPE B13316A3, B13077A20), unknown companies buy and register old ships in non-sanctioned countries, whose insurance is possibly managed by Russian companies.
CREA indicates that there...