Russia vows to 'overcome' any EU sanctions on natural gas
The Kremlin has said that it will explore ways to overcome what it called any illegal sanctions the European Union imposes on its liquified natural gas (LNG).
Earlier this week three EU sources said the European Commission's next sanctions package is expected to propose restrictions on LNG for the first time.
The proposal would not ban imports of Russian LNG to Europe, but instead target trans-shipments, which move gas from one vessel to another that then sails onto its final destination.
The transfers are usually done in port areas.
Reacting, Kremlin spokesman
Dmitry Peskov said: "Attempts to squeeze Russia out of energy markets and switch
to more expensive markets are continuing.
"Of course, in any case, we will look for ways to overcome
these illegal obstacles, unfair competition and illegal
actions."
Why sanctions on LNG now?
The EU announced a ban on Russian seaborne oil imports soon after the invasion of Ukraine in February 2022, but the bloc has stopped short of prohibiting LNG, despite repeated calls by the Baltic states and Poland.
But Russia supplies the EU with 40% of its gas and 30% of its oil.
In fact, imports of Russian LNG to Europe have increased since the war began, with Belgium, France, and Spain the biggest takers.
Finding an alternative LNG provider would have to be coordinated by the West.