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How Western sanctions are strangling Vladimir Putin’s Arctic gas ambitions

Russia has long sought to increase its share of the global LNG market, but the war and the subsequent sharp drop in overland exports to Europe have reinforced the importance of these ambitions. Moscow wants to expand LNG output three-fold by 2030, adding at least $35 billion in annual revenue.

from Economic Times https://ift.tt/Vl6kQhO
How Western sanctions are strangling Vladimir Putin’s Arctic gas ambitions How Western sanctions are strangling Vladimir Putin’s Arctic gas ambitions Reviewed by News Today on May 05, 2024 Rating: 5

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