WNA Globe

World News by Wild Rose

#LNG ร—

EU waters down Russia sanctions over fears China could seize key LNG assets

The EU has watered down its latest round of sanctions on Moscow after concluding that banning Greek companies from transporting Russian gas to third countries could hand strategically important shipping assets to China. To remove a Greek veto against the 21st package of measures aimed at hobbling Russiaโ€™s war machine, the blocโ€™s member states agreed to allow EU operators to continue transporting Russian liquefied natural gas (LNG) to third countries for one year. Officials explained that Chinaโ€™s...

Beyond LNG: Berlinโ€™s red-carpet diplomacy signals a bigger bet on Algeria

Germany, stripped of Russian pipeline gas, received Algeria's president with military honours and talked about LNG.