EU Moves Against Russian LNG Shipping As Arctic Gas Imports Surge

Brussels is proposing new restrictions on Russia’s LNG shipping sector even as Europe remains the primary destination for Russian Arctic gas, receiving nearly 97% of Yamal Arctic LNG exports so far this year. European Commission President Ursula von der Leyen has unveiled the European Union’s 21st sanctions package against Russia, which includes a proposed ban on the sale of LNG tankers to Russian interests and new restrictions targeting vessels that support Moscow’s energy export network. The p...