Turkey: sanctions imposed on Novatek for LNG deliveries from Russia
Sanctions targeting Novatek could disrupt Russian LNG deliveries and redirect gas flows.
Source →The trace
How it reaches your house.
Starting from Gazprom (ПАО Газпром), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Freeport LNG Development LP →Prices riseSanctions on Novatek can tighten global LNG balances and lift gas prices, which would modestly raise Freeport LNG's feedgas cost through its natural-gas input.
31% confidenceHop 2
Natural Gas (Roasting Fuel) →Shortage riskSanctions on Novatek directly disrupt Russian LNG deliveries, constraining Russia's 16% supply share on this input.
90% confidenceNatural Gas (Roasting Fuel) →Stands to benefitAs Russian LNG is constrained and flows are redirected, the largest non-Russian supplier on this node can capture some displaced demand.
62% confidenceHop 3
Russia →DelaysFTAI says eight aircraft and seventeen engines were still located in Russia, so sanctions can delay recovery, redeployment, or monetization of those assets.
85% confidenceRussia →Shortage riskWeatherford International plcWFRD
Weatherford discloses that revenues in Russia were about 7% of total revenue, so Russian sanctions can reduce that revenue stream and disrupt local operations.
76% confidenceRussia →Shortage risk