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US 'Focused' on Preventing Russia Developing LNG Projects

LNG

The US is ‘focused’ on preventing Russia from developing new LNG projects according to the US assistant secretary of state for energy resources Geoffrey Pyatt.

  • The US is “very focused on ensuring” Russia is not able to develop new LNG projects he said at the FT Commodities Summit.
  • The comments related to Russia’s Arctic LNG 2 project – under direct US sanctions since November.
  • “Our goal is to ensure that Arctic LNG 2 is dead in the water,” Pyatt said, adding that while he cannot preview future sanction actions, “we’re very focused on ensuring that Russia is not able to develop new [LNG] projects in order to [redirect] the gas that it had previously sent into Europe”.
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