"New Sanctions Deal Fatal Blow to Russia's Arctic LNG"

"The EU’s fifth round of sanctions against Russia following the its attack on Ukraine will hit hard on the country’s energy industry.

Among the points in the restrictive measures is an export ban on goods such as quantum computers and advanced semiconductors, high-end electronics, software, sensitive machinery and transportation equipment.

Included in the sanctions is also an import ban on coal.

According to High Representative for Foreign Affairs and Security Policy Josep Borrell, the sanctions follow the atrocities committed by Russian armed forces in Bucha and other places under Russian occupation. “The aim of our sanctions is to stop the reckless, inhuman and aggressive behaviour of the Russian troops and make clear to the decision makers in the Kremlin that their illegal aggression comes at a heavy cost,” Borell says in a statement."

Atle Staalesen reports for the Barents Observer April 12, 2022.

 

Source: Barents Observer, 04/13/2022