UK Follows US in Sanctioning LNG Carriers Linked to Russia
By
Eve Church
Updated
Published
The UK has joined the United States in imposing sanctions on five LNG carriers connected to Russian gas exports.
Earlier this year, the UK, in coordination with the US and the European Union, imposed sanctions on Russia’s Arctic LNG 2 terminal, leading to a significant reduction in the project’s production capacity.
“Today’s action builds on this by targeting ships and entities involved in the Russian LNG sector, which engage with projects important to Russia’s future energy production,” the UK government stated in a press release.
Speculation about Russia assembling a shadow fleet of LNG carriers surfaced earlier this year, with experts cautioning that Moscow might employ tactics similar to those used with oil tankers to evade sanctions.