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EU Prepares to Tighten Screws on Russian LNG Imports

OilPrice.com Thursday, 25 April 2024 ()
In a move that could reshape Europe's energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas (LNG) imports. According to Reuters sources close to the matter, the proposed measures will include a ban on shipments within the EU and sanctions on three Russian LNG projects. The European Commission's decision comes amid growing concerns over Europe's reliance on Russian energy, particularly in the wake of the ongoing conflict in Ukraine. While the EU imposed a ban on Russian seaborne oil…
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