Russia’s LNG Plans Suffer Fresh Blow as Chinese Firm Quits Russian Projects

Chinese engineering company Wison New Energies has decided to discontinue all ongoing Russian projects and will immediately and indefinitely stop taking any new Russian business, dealing a blow to the Arctic LNG 2 project. “In view of the strategic future of the company, we have to make this difficult decision,” the company said in a post on LinkedIn. The Arctic LNG 2 had planned to build a gas turbine power station for the plant using equipment from Wison and Harbin Guanghan Gas Turbine Co. Ltd. The withdrawal of the…