Forex
globalreutersMay 7, 20241 Mins read
ICYMI – EU proposes sanctions on Russian LNG – would hit about a quarter of revenues
globalreutersMay 7, 20241 Mins read Politico had the report on Monday, citing documents it had seen:
- European Commission has proposed sanctions on Russia’s liquefied natural gas industry
- measures would prevent EU countries from re-exporting Russian LNG after receiving it
- provision does not affect imports into the EU
- would also ban EU involvement in upcoming LNG projects in Russia
This article was written by Eamonn Sheridan at www.forexlive.com.
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