Russian LNG Unfazed By U.S. Sanctions

Russia’s energy industry faces a new round of U.S.
sanctions—including on oil projects in any location if a designated
entity holds more than 33 percent. And in Europe, where Russia’s
gas giant Gazprom currently holds a large share of the gas
supplies, Poland and Lithuania are buying U.S. LNG in an effort to
shake off Russian dominance. Despite the sanctions and cold
shoulders from Poland and Lithuania, Russia still has plans to
boost its LNG capacity and exports, with one of its major LNG
export projects focusing on Asia, more…

Russia’s energy industry faces a new round of U.S.
sanctions—including on oil projects in any location if a designated
entity holds more than 33 percent. And in Europe, where Russia’s
gas giant Gazprom currently holds a large share of the gas
supplies, Poland and Lithuania are buying U.S. LNG in an effort to
shake off Russian dominance. Despite the sanctions and cold
shoulders from Poland and Lithuania, Russia still has plans to
boost its LNG capacity and exports, with one of its major LNG
export projects focusing on Asia, more…