Insight
Could an expansion of Western sanctions derail Yamal LNG?
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Report summary
The recently announced EU ban on Russian LNG transshipments has left many confused as it might result in even more Russian LNG being imported in Europe. But could this be a precursor for more sanctions to come? Will the anticipated market rebalancing post 2025 embolden the EU to put an outright ban on Russian LNG imports in Europe? And could the US follow suit sanctioning Yamal LNG, similarly to what has done with Arctic LNG-2?
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