(Bloomberg) -- Since the start of Russia’s invasion of Ukraine, Europe and its allies have looked for ways to curb Moscow’s fossil fuel revenues without...
-- Since the start of Russia’s invasion of Ukraine, Europe and its allies have looked for ways to curb Moscow’s fossil fuel revenues without inflicting higher energy costs on their own citizens. The latest plan: ban use of European Union ports for re-exporting liquefied natural gas.Russian producer Novatek PJSC relies on stopovers in the EU to move Arctic fuel from ice-class ships onto conventional tankers.
As a result, that “would open up European governments to accusations that they are turning up their Russian LNG supply while claiming they are trying to minimize it,” Waddel said.The sanctions would further complicate shipping logistics for Russia and force specialized vessels to travel over longer routes. Global fleets are already avoiding the Red Sea after attacks by Yemen’s Houthis, forcing journeys to reroute around Africa.
Relying on the Northern Sea Route or Murmansk transshipment would also depend on ice conditions, shifting supplies to Asia to the second half of each calendar year, he added.European companies such as Germany’s state-owned Securing Energy for Europe GmbH, Shell Plc and TotalEnergies SE rely on transshipments in Zeebrugge and Montoir for Yamal cargoes, according to a contract base published by the global importers’ group.
A spokesperson for the city of Wildwood said Trump spoke to 80,000 to 100,000 people, but video of the event made that hard to believe.Body-camera footage released by the Fontana Police Department shows an officer being put in a headlock during a traffic stop in Yucaipa by a man whom authorities have identified as Alan Metka.Donald Trump attacked his hush money trial prosecutor and judge at a New Jersey rally. He claimed he was being indicted on "bullshit" charges.
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European Union Europe Yamal Trade Yamal LNG LNG Carrier James Waddel Energy Aspects Novatek LNG Exports
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