EU Hammers Final Nail in Russian LNG Coffin

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A fifth round of EU sanctions imposed last week may prove to be the final nail in the coffin for Russia's LNG expansion plans, threatening roughly 26 million tons per year of proposed incremental capacity. That's because the measures, introduced in response to Russia's "brutal aggression against Ukraine and its people," include a ban on key liquefaction equipment for which Moscow has no domestic equivalents.

Topics:
LNG Projects, Sanctions
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