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    RFA: Western Sanctions on Russia May Crimp China Gas Deal

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Summary

Russian state media reports Monday sources inside the European Union say they expect to hold another round of gas talks with Russia and Ukraine in September.

by: Sruthi

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Press Notes

RFA: Western Sanctions on Russia May Crimp China Gas Deal

Western sanctions on Russia could stall its plans to export natural gas to China, energy analysts say.

Sectoral sanctions imposed by the United States and the European Union over the Ukraine crisis have specifically targeted equipment for Russian oil projects and exploration, reflecting concerns about EU reliance on Russian gas.

But some spillover seems likely in the gas sector, which uses some of the same technologies, materials and services as oil development.

Despite the effort to exempt gas, the restrictions "could lead to complications because in many cases oil and gas are produced with much of the same equipment and from the same locations," The New York Times reported on July 30.
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