Dynagas LNG Partners — a master limited partnership with considerable exposure to business in Russia — reported stable revenue and higher profit for the second quarter as it remains untouched by Western sanctions against Moscow over the war in Ukraine.
Five of the New York-listed company’s six large LNG carriers are on long-term charters involving Russian companies or projects.
In April, the German government effectively took over three of these ships — the 149,700-cbm Clean Energy, Ob River (both built 2007) and Amur River (built 2008).