In a move that could reshape Europe's energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas LNG imports. According to Reuters sources close to the matter, the proposed measures will include a ban on shipments within the EU and sanctions on three Russian LNG projects.
By imposing restrictions on trans-shipments, the EU hopes to ensure that Russian LNG does not find its way to markets outside of Europe. In addition to the ban on trans-shipments, the European Commission is also considering sanctions on three Russian LNG projects - Arctic LNG 2, Ust Luga, and Murmansk.