EU Lifts Sanctions on Yamal LNG, Enabling TotalEnergies to Ship Gas to Asia
The European Union has reversed sanctions on the Yamal LNG project in Siberia, granting a regulatory reprieve that permits TotalEnergies to continue selling gas to Asian buyers. The policy change removes the immediate threat of a comprehensive trade ban on the facility’s Russian energy exports.
The regulatory shift ensures continuity of supply for the French energy major’s cross-border shipments and bypasses a previously looming restriction on Siberian liquefied gas. No timeline or sunset clause was provided in the revised sanctions framework, leaving the duration of the exemption open.
From the sources (4 posts)
@dlacalle_iaThe EU's u-turn on Russian LNG reminds us that reality wins over political narrative. TotalEnergies benefits from EU sanctions reprieve on Russian gas.
@staunovoTotalEnergies benefits from EU sanctions reprieve on Russian gas French energy major can continue selling LNG from its Yamal project in Siberia to Asian customers
@cryptonewsgoldNEW: EU reverses sanctions, allowing TotalEnergies to sell Russian LNG from Yamal to Asian clients.
@blckchaindaily🚨 EU SANCTIONS REVERSAL ALLOWS $TTE TO SELL RUSSIAN GAS IN ASIA, BYPASSING LOOMING BAN ON YAMAL LNG PROJECT