The U.S. Tightens The Screw Again On Russia’s Vital LNG Sector

The US Treasury and State departments ramped up the pressure on Russia’s critical liquefied natural gas (LNG) sector again last week, the day before the 24 August commemoration day of Ukraine’s Declaration of Independence in 1991. A slew of new sanctions were introduced targeting individuals, companies, projects, and trading and delivery mechanisms that are vital to Moscow’s LNG operations. This aligns with comments earlier this year from the U.S. Assistant Secretary of State for Energy Resources Geoffrey Pyatt that: “We’re…