EU eyes Russia LNG transhipment ban, tighter control of sanction busting

5/6/2024

The European Union is looking to ban transshipment of Russian LNG, the use of EU ports by vessels transporting Russian LNG and make EU operators more accountable for potential sanctions violations, according to a text under discussion.

The proposals in the text seen by Reuters would constitute a 14th package of sanctions against Russia over its 2022 invasion of Ukraine and are being discussed by EU members.