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Arctic LNG 2

Arctic LNG 2 is a Russian liquefied natural gas project on the Gydan Peninsula in northern Siberia, developed by NOVATEK. It is the third large-scale LNG plant in Russia's Arctic, following Yamal LNG and the smaller Cryogas-Vysotsk terminal, and is designed to produce LNG primarily for export to Asian markets. Since Russia's full-scale invasion of Ukraine, the project has been placed under Western sanctions, complicating its financing, shipping and access to LNG technology.