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Energy
Russian project 'Arctic LNG 2' files $1 billion lawsuit
2 sourcesPublished · Updated
The company 'Arctic LNG 2' has filed a lawsuit with the Singapore International Arbitration Centre against South Korean shipbuilder Hanwha Ocean. The claim seeks approximately $1 billion in damages related to undelivered gas carriers.
Key facts
- Lawsuit filed on September 8, 2026
- Claim amount is $1 billion
- Filed with the Singapore International Arbitration Centre
- Shipbuilder - Hanwha Ocean
- Project under sanctions
Arctic LNG 2 · Novatek · Hanwha Ocean · Singapore International Arbitration Centre
Sources2
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