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Russia and China Almost Completely Dedollarize Their Trade Amid Western Pressure /
npub1lyd…cle4
2024-05-05 18:54:44

Russia and China Almost Completely Dedollarize Their Trade Amid Western Pressure on Nostr: Russia's Arctic LNG Ambitions Strangled by Western Sanctions =============== ...

Russia's Arctic LNG Ambitions Strangled by Western Sanctions
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#1000d551 ver:0.58

Russia's Arctic LNG ambitions are being strangled by Western sanctions, hindering its plans to boost exports and revenue. The Novatek-led Arctic LNG 2 facility, a key part of Moscow's strategy, remains virtually inactive due to US restrictions. The availability of specialized tankers is a major obstacle. Russia holds the world's largest share of natural gas reserves, but production could stagnate by 2027. Novatek faces challenges in finding customers and foreign partners. #Russia #LNG #sanctions...

#newstr #Russia #Economy #Lng #UsSanctions

https://here.news/story/1000d551?ver=0.58
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