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Russian Gas Exports Face Greater Uncertainty in 2024
Russia is entering 2024 faced with heightened uncertainty about its natural gas export diversification plans, which could encounter a tougher roadblock because of intensified western sanctions. Energy Intelligence understands that more restrictions might materialize next February, around the second anniversary of Russia’s invasion of Ukraine, while the latest round of US sanctions already raises red flags over new LNG volumes scheduled to come on line from the Arctic LNG 2 project in 2024. “US sanctions on Arctic LNG 2 have become a bogeyman for Russia’s whole LNG strategy,” Sergei Kapitonov, an analyst at ... (full story)