Home United States USA — Events EU hits Russian LNG sector in fresh sanctions

EU hits Russian LNG sector in fresh sanctions

95
0
SHARE

Array
EU states on Thursday signed off on a fresh package of sanctions against Russia targeting its lucrative liquefied natural gas (LNG) sector for the first time, officials said.
The new measures — which should be formally adopted on Monday — are aimed at further choking off Russian President Vladimir Putin’s war effort against Ukraine.
“This hard-hitting package will further deny Russia access to key technologies,” EU chief Ursula von der Leyen wrote on X.
“It will strip Russia of further energy revenues and tackle Putin’s shadow fleet and shadow banking network abroad.”
Diplomats said the latest sanctions — the 14th round imposed on Moscow by the EU since the 2022 invasion — include a ban on the transshipment of Russian LNG via Europe.
They do not include a prohibition on the purchase of Russian LNG by EU countries.

Continue reading...