Sanctions on Russia’s Arctic LNG project could tighten energy markets – FT ...News

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Washington is reportedly seeking to restrain Moscow’s ambition to become a major supplier Including Russia’s Arctic LNG 2 energy project in the US State Department’s sanctions list confirms Washington’s ambition to prevent the country from becoming a major exporter of liquefied natural gas, and may cause disruptions in global energy markets, the Financial Times reported on Sunday. Sanctions on the Russian gas enterprise, which is located on the Gyda Peninsula in the Arctic, were introduced on November 2, banning third countries in Asia and Europe from purchasing LNG produced by the project when it starts operating

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