Russia’s Arctic LNG 2 Hits Record Output as Ice Conditions Ease

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Russia’s Arctic LNG 2 project lifted production to record levels in late August as summer ice conditions opened the Northern Sea Route, allowing additional cargoes to reach Asia, according to Bloomberg data reported by LiveMint. Output topped 25 million cubic meters on August 25-26, averaging nearly 15 million cubic meters for much of the month. The figures mark the strongest operational run since the facility began trial shipments earlier this year. The Novatek-led facility, located on the Gydan Peninsula, has faced U.S. and EU sanctions…