Japan Watching for Any Impact on LNG From New Russia Sanctions
- US has put curbs on ships that export oil from Sakhalin-2 site
- That would affect gas as well since fuels are pumped together
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Tokyo will closely monitor the rollout of new US sanctions on Moscow for any impact on shipments of liquefied natural gas from Russia’s Far East, a key source of supply for Japan.
A week ago, the Biden administration imposed aggressive penalties on Russian energy, including restrictions on vessels that export oil from the Sakhalin-2 project just north of Japan. If those curbs end up halting crude production from the site, the gas that’s pumped out at the same time may be at risk.