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Cosco sanctions are not holding back Yamal exports, says Novatek

None of the liquefied natural gas volumes intended to be exported through the chartered-in fleet from a Teekay LNG-China LNG Shipping joint venture are related to the Cosco sanctions, according to the the Russian LNG producer

Cosco Dalian, which is subject to the US sanctions imposed last week, holds a major stake in China LNG Shipping — the business unit co-owning with Teekay LNG liquefied natural gas carriers that are on long-term charters to Yamal LNG

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