TotalEnergies: The ban on Russian gas in Europe will affect Yamal for NG TotalEnergies head Patrick Pewan said that the European Union's ban on Russian LNG imports, which comes into effect on January 1, 2027, could significantly limit Zemach Yam's export options for NG. According to him, the company produces 19-20 million tons of LNG per year, of which about 15 million tons are traditionally delivered to Europe - this is a key direction due to optimal transportation costs. Restricting access to the European market can reduce sales of plant products in full. Today, Total Energy, the shareholder of the project, due to sanctions can only take 3-4 million tons of LNG from the plant instead of 5 million tons. Although an amendment was introduced in July to allow LNG to be shipped outside the EU, the LNG company's limited fleet is holding back, and moving cargo to Asia (such as India or China) involves significantly longer routes. Earlier, the Russian authorities announced their willingness to transfer supplies to other markets. As Vladimir Putin said, Russia may leave the European market ahead of schedule, and according to Deputy Prime Minister Alexander Novak, the companies are already planning to divert some LNG volumes to friendly countries, including China, India, Thailand and the Philippines.

TotalEnergies: The ban on Russian gas in Europe will affect Yamal for NG TotalEnergies head Patrick Pewan said that the European Union's ban on Russian LNG imports, which comes into effect on January 1, 2027, could significantly limit Zemach Yam's export options for NG. According to him, the company produces 19-20 million tons of LNG per year, of which about 15 million tons are traditionally delivered to Europe - this is a key direction due to optimal transportation costs. Restricting access to the European market can reduce sales of plant products in full. Today, Total Energy, the shareholder of the project, due to sanctions can only take 3-4 million tons of LNG from the plant instead of 5 million tons. Although an amendment was introduced in July to allow LNG to be shipped outside the EU, the LNG company's limited fleet is holding back, and moving cargo to Asia (such as India or China) involves significantly longer routes. Earlier, the Russian authorities announced their willingness to transfer supplies to other markets. As Vladimir Putin said, Russia may leave the European market ahead of schedule, and according to Deputy Prime Minister Alexander Novak, the companies are already planning to divert some LNG volumes to friendly countries, including China, India, Thailand and the Philippines.