Sanctioned Russian LNG carrier Arctic Metagaz catches fire in the Mediterranean Sea
In November 2023 and February 2024, the U.S. and UK, respectively, imposed sanctions on Russia’s Arctic LNG 2 project. This project is of strategic importance to the Russian government. The United States imposed sanctions on seven LNG tankers on August 23, 2024. These sanctions were part of expanded restrictive measures against entities supporting the development of Arctic LNG 2 and other prospective Russian energy projects.