EU Prepares to Tighten Screws on Russian LNG Imports
In a move that could reshape Europe's energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas imports.
Stay updated with breaking news from Ust Luga. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In a move that could reshape Europe's energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas imports.
The European Commission's next sanctions package is expected to propose restrictions on Russian liquefied natural gas for the first time, including a ban on trans-shipments in the EU and measures... -April 25, 2024 at 10:05 am EDT - MarketScreener
The Commission is in the final stages of ironing out its proposal and is engaged in informal talks with member states this week.
Moscow is already heavily bombarding Ukrainian energy infrastructure, while Kyiv is continuing a campaign of drone strikes against Russian oil refineries.
Russia has reduced gasoline exports to non-CIS countries to compensate for unplanned repairs at refineries, the Ministry of Energy said on Wednesday, as the country grappled with the impact of... -January 31, 2024 at 12:42 pm EST - MarketScreener