ICYMI – EU proposes sanctions on Russian LNG – would hit about a quarter of revenues

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Politico had the report on Monday, citing documents it had seen:

  • European Commission has proposed sanctions on Russia’s liquefied natural gas industry
  • measures would prevent EU countries from re-exporting Russian LNG after receiving it
  • provision does not affect imports into the EU
  • would also ban EU involvement in upcoming LNG projects in Russia

More here at the report

This article was written by Eamonn Sheridan at www.forexlive.com.



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