FACTBOX: US sanctions on Myanmar, Russia pose risks to Asia’s gas and LNG supply
November 11, 2023 Comments Off
In a span of three days, two sets of US sanctions have impacted gas and LNG projects that expose Asian importers to supply risks. On Oct. 31, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) published a new directive that prohibits US persons from providing certain financial services to Myanma Oil and Gas Enterprise (MOGE) aimed…
FACTBOX: US sanctions on Myanmar, Russia pose risks to Asia’s gas and LNG supply
In a span of three days, two sets of US sanctions have impacted gas and LNG projects that expose Asian importers to supply risks. On Oct. 31, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) published a new directive that prohibits US persons from providing certain financial services to Myanma Oil and Gas Enterprise (MOGE) aimed…
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