Moscow will seek to circumvent EU sanctions – 2024-05-02 08:21:44

Moscow will seek to circumvent EU sanctions 
 – 2024-05-02 08:21:44

Russia will seek ways to circumvent what it describes as illegal sanctions imposed by the EU on its liquefied natural gas (LNG) businesses, the Kremlin said today, adding that any measures would have an impact on European industry.

The European Commission’s next package of sanctions is expected to propose restrictions on Russian liquefied natural gas for the first time, including a ban on transshipment in the EU and measures once morest three Russian LNG projects, three EU sources said on Thursday.

“Attempts to force Russia out of energy markets and into more expensive markets are ongoing,” Kremlin spokesman Dmitry Peskov told reporters.

According to him, any new EU restrictions will benefit the US and mean European industry pays more for its natural gas.

“Of course, in any case, we will look for ways to circumvent these illegal obstacles, unfair competition and illegal actions,” concluded Peskov.

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