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Sanctions are sinking Russia’s flagship gas project

by Euro Times
November 10, 2024
in Finance
Reading Time: 1 min read
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The West’s financial weapons are lacking their goal. Final month Russia exported near-record volumes of oil, at a good worth. However there’s one exception. After shutting its important fuel pipeline to Europe in 2022, Russia had hoped that Arctic LNG 2, an ultra-modern export facility, would open huge new markets. But final month the plant suspended operations till subsequent summer time, for need of ships and consumers. Sanctions are nipping it within the bud.



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Tags: flagshipgasprojectRussiasSanctionsSinking
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