Bans the import of liquefied natural gas from the Russian Federation and related funds and services

On 28 October 2022, the United Kingdom imposed further trade sanctions against the Russian Federation. Among others, it prohibits the import of liquefied natural gas which originates in or is consigned from the Russian Federation as well as related technical assistance, brokering services, financial services and funds relating to such import or acquisition. The ban came into force on 5 December 2022.

• Type:

  • Treatment and operation (Investment related trade measures)
  • Treatment and operation (Other)

• Industry:

  • Primary (Mining and quarrying)
  • Services (Electricity, gas, steam and air conditioning supply, Financial and insurance activities, Other professional, scientific and technical activities, Other service activities)

• Sources:

  • legislation.gov.uk, The Russia (Sanctions) (EU Exit) (Amendment) (No. 15) Regulations 2022, https://www.legislation.gov.uk/uksi/2022/1110/contents/made, 28 Oct 2022
  • Lexology, Russia sanctions update: UK introduces new sanctions against Russia, https://www.lexology.com/library/detail.aspx?g=2966afbf-200e-40de-9b8a-a5ad7555cf71&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+General+section&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2022-11-09&utm_term=, 08 Nov 2022