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US Brings New Sanctions Against Arctic-2 LNG

LNG

The US has imposed a new set of sanctions measures against Russia Nov. 2, aimed at Russia’s future energy capabilities.

  • The latest measures will target a major entity involved in the development of the Arctic-2 LNG project, limiting its access to the necessary western technology.
  • The project is expected to begin production in early 2024, but it is unclear the amount of Russian LNG that would be affected by the new measures.

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