The EU has agreed its first sanctions against Russian gas by targeting the country’s lucrative liquefied natural gas shipments, as part of its latest package of restrictions against Moscow in response to its invasion of Ukraine.
The deal struck between member state ambassadors on Thursday will prohibit Russian exporters from using EU ports to transfer gas between large tankers and smaller vessels destined for third countries. But it falls short of a full ban on EU states purchasing the fuel.
Imports of Russian LNG to the EU have increased since its full-scale invasion of Ukraine in February 2022 as the bloc’s member states seek to replace supplies of pipeline gas that have been steadily cut off by Moscow.
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