Economics
Shipping Chokepoint Strangles Ukraine Hopes for U.S. LNG
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Ukraine’s plan to diminish its energy dependence on Russia is adrift in the Bosporus Strait.
The nation, which gets half its gas from Russia, wants to build a liquefied natural gas terminal on the Black Sea and held talks with Cheniere Energy Inc. to import U.S. cargoes. The only path to the terminal is through Istanbul’s 17-mile waterway.