Russia's LNG Trade Just Saved Dynagas. TotalEnergies Faces the Real Problem.
A one year EU exemption protects Dynagas and Seapeak's legacy contracts. What survives untouched is CHNL's own fleet math: voyage capacity cut by half once the short European route closes.
Twelve days before this went to print, Greece traded its veto on the EU’s 21st sanctions package for a renewable exemption that keeps European shipowners carrying Russian LNG to third countries. What survives untouched is the harder problem: Yamal’s own published shipping math, which cuts capacity by up to half once Europe stops buying.
