russia-is-looking-for-ways-to-circumvent-eu-sanctions-on-lng

Russia is looking for ways to circumvent EU sanctions on LNG

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The Kremlin has said that Russia will look for ways to overcome EU sanctions on its liquefied natural gas (LNG) operations and threatened that if they find them, it will have the opposite effect on European industry. Reuters writes , UNN reports.

Attempts to push Russia out of energy markets and switch to more expensive markets continue. ... Of course, in any case, we will look for ways to overcome these illegal obstacles, unfair competition and illegal actions.

- Kremlin spokesman Dmitry Peskov told reporters.

Details

According to Peskov, any new EU restrictions will benefit the United States, while European industry will pay more for gas.

The European Commission's next package of sanctions is expected to propose restrictions on Russian liquefied natural gas for the first time. It will include a ban on transshipment in the EU and measures against three Russian LNG projects. Three EU sources told Reuters on Thursday.

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