Russia’s Yamal gas megaplan to become symbol of sanctions defiance

EurActiv reported on dozens of Russian energy ventures which were in jeopardy due to Western sanctions on technology and funding. Looming over them all, is the Yamal gas project that Kremlin was bent on saving no matter what.

The Yamal plan, a $27 billion (€21 billion) investment to tap vast natural gas reserves in northwest Siberia, aims to double Russia's stake in the fast-growing market for liquefied natural gas.

ESO: Key Source: EU sanctions against Russia over Ukraine crisis http://www.europeansources.info/record/eu-sanctions-against-russia-over-ukraine-crisis/

ESO: Background information: Russia invests in LNG project to ‘diversify’ from Europe http://www.europeansources.info/record/russia-invests-in-lng-project-to-diversify-from-europe/

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