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Russian Officials Deny EU LNG Ban Threat

LNG

Russia could cope with an EU LNG import ban while it would lead to higher prices for the region according to Russian foreign ministry official Dmitry Birichevsky based on RIA reports.

  • "Once again, the imposed restrictions will also hit their initiators directly," he said.
  • Russia was already targeting new markets in China and India he said.
  • The EU is considering a ban on the trans-shipment of Russian LNG amid other measures as part of a 14th package of sanctions against Russia over Ukraine.
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