Sanctions on Russia’s Arctic LNG project could tighten energy markets – FT

Washington is reportedly seeking to restrain Moscow’s ambition to become a major supplier Including Russia’s Arctic LNG 2 energy project in the US State Department’s sanctions list confirms Washington’s ambition to prevent the country from becoming a major exporter of liquefied natural gas, and may cause disruptions in global markets, the Financial Times reported on…

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Russia’s new business elite reaping benefits from Western exodus – Bloomberg 

Multinational companies have sold assets worth over $21 billion, the outlet has said Russian businesses are rapidly filling the void left by international companies, and are benefiting by snapping up the assets of departing Western firms at discounted prices, Bloomberg reported earlier this week.

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Ukraine security guarantees must be backed by Russia – NATO member

Moscow and Kiev should sign a ceasefire as soon as possible and without preconditions, a senior Hungarian diplomat has said Negotiations on the settlement of the Ukraine conflict must eventually produce a security architecture that addresses both Moscow’s and Kiev’s concerns, a senior Hungarian diplomat has said.

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