EU commission weighs sanctions on Russian liquefied natural gas

By Victor Jack | 04/29/2024 06:50 AM EDT

Brussels hasn’t yet gone after Moscow’s gas sector.

The European Commission is considering sanctions against Russian liquefied natural gas, according to two EU diplomats, a move that would mark the first time Brussels has dared to go after Moscow’s gas sector.

The Commission, the EU’s executive, is currently preparing a 14th package of sanctions against Russia more than two years after Russian President Vladimir Putin ordered his troops into Ukraine.

The new measures could include restrictions on three Russian LNG projects, and on the reexport of Russian LNG from EU ports, the diplomats said.


So far, Brussels has imposed a blanket ban on Russian coal and seaborne crude oil exports to the EU but has been unable to find consensus on gas restrictions amid opposition from countries such as Hungary, which remain heavily reliant on imports from Moscow.