Tanker carrying liquefied natural gas from Russia?s Arctic arrives in Boston
A tanker carrying liquefied natural gas from a sanctioned project in Russia?s Arctic has arrived in Boston Harbor, where it will be offloaded for American users.
The giant tanker is carrying the first LNG exported by the Yamal facility, a $27 billion project whose majority owner is the Russian company Novatek. As of Sunday evening, the tanker was in the Mystic River at an LNG terminal, where the liquefied cargo will be turned back into gas form and distributed to gas companies and electric power utilities.
The Treasury Department issued sanctions aimed at weakening Russia?s energy sector in July 2014, after Russia annexed Crimea and backed separatists in eastern Ukraine. The sanctions forbid any financing for projects belonging to Novatek, Russia?s largest independent producer of natural gas.
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