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Investing.com -- Russia’s exports of liquefied natural gas (LNG) have seen a decline in the first five months of 2025. The exports dropped by 3% from the same period in the previous year, amounting to 13.2 million metric tons, according to preliminary data released by LSEG on Monday.
This decrease in exports is a reflection of the impact of sanctions imposed by the United States. These sanctions target companies and vessels associated with Russia’s new Arctic LNG 2 plant. The plant, which is a part of Russia’s endeavors in the Arctic, has been effectively put on hold due to the difficulty Moscow faces in finding buyers for its LNG.
The sanctions were imposed as a result of the ongoing conflict in Ukraine. The United States has been using economic measures as a tool to respond to the situation, affecting various sectors of the Russian economy, including its LNG exports. The effects of these sanctions are now becoming evident in the reduced export figures for the first part of 2025.
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