Argentina Rejects Russia-Sourced LNG Cargo, Citing Sanctions
- Sanctions cited for turning away cargo for state energy firm
- Shipper says cargo was valid because no sanctions are in place
Argentina's Economy Minister Sergio Massa
Photographer: Marco Bello/BloombergThis article is for subscribers only.
Argentina’s state-run energy company refused to accept a cargo of liquefied Russian natural gas it had agreed to buy, forcing the tanker back out to sea.
The nation’s economy minister, Sergio Massa, told local TV station C5N Tuesday night that officials blocked delivery of the fuel because of sanctions. Yet Argentina, which faces the possibility of a glut of natural gas due to an unusually warm winter, does not have sanctions against Russia.