NEW DELHI (Reuters) – India won’t purchase liquefied pure fuel (LNG) produced from Russia’s Arctic LNG 2 venture, which is sanctioned by Western international locations, Oil Secretary Pankaj Jain mentioned on Friday.
“We won’t purchase (provide from) Arctic LNG 2. We aren’t shopping for any sanctioned commodity. One thing which has broad-based sanctions, we aren’t touching it,” Jain instructed reporters.
The Arctic LNG 2 venture by Russia’s Novatek is topic to Western sanctions over Russia’s conflict with Ukraine. America has additionally imposed sanctions on lots of of entities and people for supporting Russia’s conflict effort together with corporations supporting the event of Arctic LNG 2 venture and its cargo of LNG.
Novatek has mentioned media allegations the corporate was concerned in establishing and managing a “shadow fleet” for the Arctic LNG 2 venture have been unfaithful.
(Reporting by Nidhi Verma in New Delhi, writing by Emily Chow; Modifying by Sonia Cheema and Stephen Coates)
