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ICYMI – EU proposes sanctions on Russian LNG – it would represent around a quarter of revenue

Politico obtained the report Monday, citing documents it viewed:

  • The European Commission proposed sanctions against the Russian liquefied natural gas industry
  • measures would prevent EU countries from re-exporting Russian LNG after receiving it
  • the provision does not affect imports into the EU
  • would also ban EU participation in upcoming LNG projects in Russia

More here in the report

This article was written by Eamonn Sheridan at www.forexlive.com.

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