Despite Europe’s latest sanctions, Russia can still sell its liquefied natural gas (LNG) to other consumers, Russian Deputy Prime Minister Alexander Novak stated in an interview with TASS Director General Andrey Kondrashov.
“As far as the sanctions are concerned, we do not recognise them. They are illegitimate and aggravate the situation of those who impose them, as well as of their own consumers, namely with regard to fuel prices,” Novak said at the Caucasus Investment Forum.
Novak emphasised that Russian LNG will be sold due to its high demand and growing global need, confirming that agreements with partners are already in place, though some challenges will need to be addressed.
He also noted that the sanctions imposed by the West since 2014 have ultimately led to economic growth in Russia by encouraging import substitution.