EU ports stop transshipment of Russian LNG due to sanctions

The EU ban on transshipment of Russian liquefied gas in ports has come into force.

Since March 26, European Union ports cannot provide transshipment services for LNG produced or exported from Russia, Forbes reports.

The sanctions were adopted in June 2024, but until March 26, 2025, a moratorium was in effect for contracts signed before June 25, 2024.

In addition to LNG transshipment, technical support, brokerage services, financing and other financial assistance were also banned. At the same time, EU countries can allow transshipment if the LNG is intended for their own energy needs.

The EU also banned the transshipment of Russian LNG in ports for transportation to third countries and investments in the Arctic LNG-2 and Murmansk LNG LNG projects. In addition, the use of the Russian SPFS payment system is prohibited.

We would recall that the EU seeks to increase LNG imports from the United States to replace supplies from Russia.

USM previously reported that by the end of 2024, the European Union imported 15.5 million tons of Russian LNG, which is the highest figure since 2019.