EU Sanctions Package Allows Greek Shipping Company to Transport Russian LNG

The European Union has agreed on its 21st sanctions package against Russia, but it includes a significant carve-out that will allow Greece's Dynagas shipping company to continue transporting Russian liquefied natural gas (LNG) to non-EU countries.

The exemption was granted in exchange for concessions from Greece, which had been blocking the agreement over the past month. The EU's ban on importing Russian LNG is set to take effect in 2027, but with this carve-out, Greek-linked vessels will be able to continue transporting the gas, effectively allowing Moscow to keep profiting from LNG sales.

The EU diplomat quoted in the source expressed frustration with the decision, saying that it prioritizes the interests of one private company over EU values and interests. Campaigners also criticized the move, arguing that it will allow a key pillar of Russia's war economy to continue operating at full steam.