Russia Offers Discounted Sanctioned Gas to South Asian Countries
Russia is reportedly leveraging global natural gas supply issues by offering South Asian nations discounted liquefied natural gas from facilities under US sanctions, with promises of documentation to obscure its origin.
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Russia offers discounted sanctioned gas to South Asian countries – Bloomberg
Russia is offering South Asian countries liquefied natural gas (LNG) from sanctioned facilities at a 40% discount to spot prices, and promises to provide documentation to make cargo appear as if it originates from non-Russian sources such as Oman or Nigeria.
By Andrii Muravskyi
Read full article →Russia tempts energy-starved South Asia with 40% discounts on US-sanctioned LNG
Russia is seeking to leverage a global natural gas supply crunch to lure energy-starved South Asia into purchasing shipments from its US-sanctioned facilities, according to people familiar with the matter. The shipments were being offered at a 40 per cent discount to spot prices last week via little-known intermediary companies based in China and Russia, said the people, who asked not to be named as they were not authorised to speak to the media. The sellers said that they could provide...
By Bloomberg
Read full article →Coverage Timeline
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