The effect of the sanctions: the Russian LNG sector’s problems
The effect of the sanctions: the Russian LNG sector’s problems
Author(s): Filip Rudnik
Subject(s): National Economy, Energy and Environmental Studies
Published by: OSW Ośrodek Studiów Wschodnich im. Marka Karpia
Keywords: Russian LNG sector
Summary/Abstract: The successive moves to tighten the Western sanctions regime targeting the Russian LNG sector have aggravated the problems affecting it as it faces major difficulties which are jeopardising its further development. The technology embargo and other restrictions have resulted in delays in the construction of new liquefaction installations and in the multiplication of challenges regarding logistics and funding. The sanctions are also generating additional costs for the state and reducing its gas revenues.
Series: OSW Commentary
- Page Count: 9
- Publication Year: 2024
- Language: English
- Content File-PDF