Russia Expands Shadow Fleet Amid Sanctions
Russia is quietly expanding its shadow fleet of liquefied natural gas (LNG) carriers, which operate using opaque ownership structures to move cargo while avoiding restrictions. According to reports, Moscow has acquired at least eight used tankers over the past six months, pushing the total number of such vessels to 25.
The Arctic LNG 2 project, central to Russia's LNG export ambitions, has itself been placed under Western sanctions, making its future increasingly uncertain. Despite this, Russia is determined to adapt to a shifting international trading environment and maintain its export power under increasing Western pressure.
Expanding the fleet may allow Russia to defend its position in the LNG market despite existing restrictions. The focus on developing local shipbuilding could also signal strategic planning aimed at reducing dependence on imported technologies and materials, a key factor for economic endurance during sanctions.