The European Union is considering several options to proceed with its 21st package of sanctions against Russia, including easing curbs on Russian liquefied natural gas (LNG), Bloomberg has learned.
Negotiations on the sanctions package stalled last week, largely because Greece opposes a measure banning European companies from carrying Russia-produced LNG to third countries. Greek LNG carriers dominate the European market, competing with Japan, China and the United States.
EU officials are now discussing three options to overcome the negotiations conundrum:
postpone the LNG restrictions by 24 months; remove the LNG clause from the package; abandon the sanctions package entirely.Another...