UK to ban maritime services for Russian LNG exports

Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by trying to choke off Kremlin revenue.

In October, the European Union approved new sanctions against Russia that ban Russian LNG imports from January 1, 2027, and Britain and the U.S. targeted Russia’s two largest oil companies, Lukoil and Rosneft.

The UK government said on Tuesday it wanted to go further, by cutting off Russian access to companies that provide services for LNG exports.