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News

Russian LNG projects hit hard by sanctions

October 29, 2014

In the past years, Russia has been working hard to enter the global Liquefied Natural Gas (LNG) market, investing large sums of money in costly projects in Northwest Siberia and the Sakhalin island.

However, Russia’s planned exports to Asian markets may be hampered by western sanctions, as Japan and South Korea will be reluctant to give the necessary technology to Russia for fear of western reprisals. Alternative sourcing options for the necessary the technology may prove very difficult for the Kremlin.

Anadolu News Agency from Turkey interviewed Sijbren de Jong (HCSS) and Cyril Widdershoven (TNO) on this topic. The full interview can be read here.

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