EU Exempts TotalEnergies from Sanctions on Russian LNG Sales

TotalEnergies has been granted permission by the European Union to continue selling gas from its Yamal LNG project in Siberia to Asia.

This decision comes after the EU bowed to demands to allow European companies to keep shipping Russian liquefied natural gas to countries outside the bloc, as reported by the Financial Times.

The move is seen as a significant development for TotalEnergies, which has been facing challenges in its operations due to sanctions imposed on Russia following its invasion of Ukraine.