Russian Gas Project to Double Revenue in 2023 Compared to Pre-Sanctions Era

by Chris Black

Russia is making money off of these sanctions.

They’ve boosted the Russian economy while harming their competitors.

RT:

The Sakhalin-2 liquefied natural gas (LNG) project is expected to generate twice as much revenue in 2023 compared to its earnings before the Ukraine-related sanctions rained down on Russia’s energy sector, Reuters reported on Thursday, citing industry analysts.

The boost is attributed to long-term contracts with clients from the Asian region, along with higher global energy prices.

 

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