The EU’s ban on re-exporting Russian LNG is now officially in effect. It essentially halts ship-to-ship transfers at EU ports meant for third-country buyers and the optics are attractive--it's another cut into Moscow’s energy revenue stream. Whether that translates into pain for Russia is another story. The re-export ban, passed back in June 2024, only targets Russian LNG cargoes passing through EU ports en route to Asia and other markets. These trans-shipments made up a paltry 2.7 million tons last year—under 10% of Russia’s…
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