Russia says it will shift to new markets for its LNG, EU 'shooting itself in the foot'

Russia says it will pivot completely toward developing new LNG markets if they are attractive, signaling a strategic redirection of exports. The Kremlin criticized the EU's plan to stop importing Russian LNG as 'shooting itself in the foot,' implying potential shifts in global LNG flows and increased competition for non-EU buyers.

Analysis

Russia says it will pivot completely toward developing new LNG markets if they are attractive, signaling a strategic redirection of exports. The Kremlin criticized the EU's plan to stop importing Russian LNG as 'shooting itself in the foot,' implying potential shifts in global LNG flows and increased competition for non-EU buyers.