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India not to buy LNG from Russia Arctic 2 project: Secretary
September 28, 2024
|The New Indian Express
INDIA has decided not to purchase liquefied natural gas (LNG) from Russia's Arctic LNG 2 project, which is under Western sanctions, said petroleum and natural gas Secretary Pankaj Jain on Friday.
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This decision comes after the UK, US, and European Union imposed sanctions on Arctic LNG 2 earlier this year due to Russia's ongoing conflict with Ukraine.
The project, owned by Russia's Novatek, aims to produce nearly 20 million tonne of LNG annually, primarily for Asian markets, with potential revenues in billions of dollars.
"We will not buy (from) Arctic LNG 2.
هذه القصة من طبعة September 28, 2024 من The New Indian Express.
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