Gas: Russia will attempt to circumvent any sanctions on LNG – Raw Materials

Gas: Russia will attempt to circumvent any sanctions on LNG – Raw Materials
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There Russia will attempt by all means to circumvent what it considers to be illegal sanctions applied by theEuropean Union on Russian operations related to LNG (Liquefied Natural Gas): this is what the Kremlinunderlining how any intervention will result in negative consequences for European industry.

It is expected that the next package of sanctions by the European Commission will propose restrictions on the for the first time Russian liquefied natural gasincluding the prohibition of transhipments in theEU and measurements on three projects LNG Russians, three sources said EU over the past week.

“Attempts to exclude Russia from energy markets and move to more expensive markets continue”he told reporters Kremlin spokesman Dmitry Peskov.

According to him, any new restrictions EU it would benefit the United States and it would mean that European industry would pay more for its gas.

“Certainly, in any case, we will look for ways to overcome these illegal obstacles, unfair competition and illegal actions”he said Peskov.

Source Reuters
 
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