US sanctions on British businessman Philip Adkins
The United States Department of the Treasury has taken measures against the British businessman Philip Adkins, known for his close relationship with the emeritus King John Charles I. This sanction is due to his alleged involvement in the Arctic energy project in collaboration with Russia during the invasion of Ukraine, according to El Confidencial. This action is part of the new offensive of the United States against Moscow’s strategic interests and involves the prohibition of Adkins’ companies from carrying out operations with American entities and accessing the Western financial system.
Implications in the Arctic energy project
According to an investigation by the Financial Times, companies controlled by Adkins were found to be involved in transporting liquefied natural gas (LNG) modules and gravity platforms for Vladimir Putin’s Arctic LNG 2 project. This project aims for a production capacity of 19.8 million tons of liquefied natural gas per year and represents a significant source of foreign exchange earnings for Russia.
Reactions of the United States
The United States accuses Adkins of facilitating maritime logistics and construction support for the Arctic LNG 2 project. Through a statement, Washington has claimed that these measures have hindered the project’s ability to export energy and led to significant increases in costs of construction This demonstrates the determination of the United States to limit the production and export capacity of this project and to reduce third-party support.
Relationship with John Charles I
Philip Adkins is known for his close friendship with Emeritus John Charles I, which goes back more than 20 years. This relationship was established during the time when the emeritus was in a relationship with Corinna Larsen. Adkins, who was Larsen’s first husband and with whom she has a daughter, has maintained a close relationship with John Charles I over the years. They have shared various experiences, including attending wild boar races and a safari in Botswana. Despite this friendship, the sanctions imposed by the United States on Adkins have called into question his relationship with the emeritus.