Russia's Arctic LNG 2 project sharply hiked processing in July as it prepared to start liquefied-gas exports, defying US restrictions.
The Novatek PJSC-led plant, sanctioned by the US in November, processed around 28.7 million cubic meters of gas last month, according to a person with knowledge of industry data. That's 3.5 times more than June and the highest level in three months, comparisons with historic data show.