EU's planned sanctions against Russia to hit South Stream, Yamal LNG


  • World
  • Thursday, 24 Jul 2014

LONDON/BRUSSELS (Reuters) - The European Union's proposed sanctions against Russia, targeting sensitive technology, take aim at Gazprom's huge South Stream gas pipeline project to Europe and Novatek's Arctic Yamal liquefied natural gas (LNG) facility.

A draft proposal outlines a package of targeted measures in the areas of access to capital markets, defence, dual use goods and sensitive technologies, EU diplomats said on condition of anonymity.

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