UK passes new Russia sanctions, but with LNG loophole for Asian allies
4 Articles
4 Articles
(Berlin=Yonhap News) Correspondent Kim Gye-yeon = Reuters reported on the 1st (local time) that the UK has exempted South Korea from regional sanctions related to its imports of Russian liquefied natural gas (LNG)...
At the end of September, the United Kingdom imposed new sanctions on Russian LNG, while China received record volumes of liquefied gas from Russia in the first month, almost half of which came from sanctions projects.
UK passes new Russia sanctions, but with LNG loophole for Asian allies
A U.K. government press statement describes the decision to facilitate Tokyo and Seoul's continued import of fossil fuels as "part of the U.K.'s work with international partners to support their transition away from Russian energy," without elaborating how.
[Digital Daily Reporter Choi Min-ji] Following the European Union (EU), South Korea has secured an exception to sanctions on Russian liquefied natural gas (LNG) from the UK as well. According to the Ministry of Trade, Industry and Energy on the 2nd, the British government announced an exception to sanctions regarding Russian LNG on the 1st (local time) and exempted Sakhalin II LNG, which South Korea imports under existing long-term contracts, f…
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
