Beijing boosts Russian gas imports via new terminal
China is preparing to operate a second import terminal to receive liquefied natural gas (LNG) shipments from the Russian "Arktik 2" project, which is subject to sanctions, in Shandong Province. This move aims to expand the gas import network. It is considered an important step to support Moscow's economy, which is suffering from declining exports due to sanctions and geopolitical challenges. Currently, Beijing relies on only one terminal for importing this gas. The new terminal is expected to be ready before October to meet winter demand, with a capacity of up to 5 million tons annually.
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