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EU will keep buying Russian gas despite new sanctions | DW News

The European Union has agreed on a 14th set of sanctions against Russia, focused for the first time, on Liquefied Natural Gas – or LNG. At present, Russia accounts for around 16 percent of the EU’s LNG imports, with France, Spain and Belgium the main buyers. The new sanctions will not prevent member states from buying Russian LNG, but it will ban them from re-exporting it to other countries. Germany had originally been threatening to block the new sanctions over fears on the effect it would have on small companies. DW Business speaks with Maria Shagina, Senior Fellow at the Institute for Strategic Studies, about whether this latest set of sanctions will have any tangible effect on the Russian economy.

#russia #sanctions #lnggas

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1 comment

  • When next Western countries have representation they MUST introduce citizens initiated referenda as the Swiss have. The Swiss haven’t used it to it’s best extent…but do you see mad immigration policies there? They do have Davos, and that should be nuked by Putin whilst in full session…he really should, it would solve all our problems and no-one would do a damn thing about it. He would be a hero and the worlds bureaucratic vermin would never do it again after what happens to them…in my dream world. Media too….
    They will never agree to CIR and so you will vote em out and start a CIR Party. This is the only way we can have a secure Democracy going forward and by abolishing life terms for anyone in any form of Gov. and shocking penalties for “Overstep” or “vexatious litigation” etc. we can resume control over our disgusting idiots in political power.

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