Trump Prioritising End to Ukraine War Over Russia LNG Sanctions, US Energy Secretary Says

trump bloomberg 1200x810 nov 12 2024

(Reuters) – U.S. Energy Secretary Chris Wright said President Donald Trump’s priority is to bring the Russia-Ukraine war to an end, without larger disruptions, when asked how the U.S. would react to Chinese purchases of sanctioned Russian LNG cargoes.

“President Trump’s single greatest goal is prosperity in America and peace abroad,” Wright said in a press conference at the Gastech conference in Milan. “He’s looking at every possible avenue to get that war to end without overly large disruption”.


Get the Latest US Focused Energy News Delivered to You! It’s FREE:


Arctic LNG 2 was set to become one of Russia’s largest LNG plants, with eventual output of 19.8 million metric tons per year. The project is 60%-owned by Russia’s Novatek.

But it had been included in Western sanctions over Moscow’s war in Ukraine, and has struggled to sell LNG from the project despite beginning production and loading cargoes in August 2024.

Three cargoes from the project have discharged in China so far this year.

Reporting by Marwa Rashad, Francesca Landini and Emily Chow in Milan; Editing by Kirsten Donovan and Louise Heavens

Share This:


More News Articles

 

  • Related Posts

    Top US Refiners See Profits Soar, Step Up Investor Rewards

    By Nicole Jao Top refiners post combined second-quarter profit of $12.6 billion Capital returns to shareholders hit $6.3 billion in second quarter TD Cowen sees Marathon and Valero each repurchasing…

    BofA to Plow $250 Billion Into Critical Infrastructure Projects

    By Paula Seligson and Katherine Doherty Bank of America Corp. unveiled a $250 billion initiative to invest in critical infrastructure across the US over the next year, joining its peers…

    Have You Seen?

    Vorn Bioenergy acquires five biogas plants in Italy

    • September 21, 2026
    Vorn Bioenergy acquires five biogas plants in Italy

    Has the Oil Market Changed Forever?

    • September 21, 2026
    Has the Oil Market Changed Forever?

    Equigas forms two new authorised distributor partnerships

    • September 21, 2026
    Equigas forms two new authorised distributor partnerships

    Equigas forms two new authorised distributor partnerships

    • September 21, 2026
    Equigas forms two new authorised distributor partnerships

    Oil Prices Slide as Traders Bet on Iran Diplomacy

    • September 21, 2026
    Oil Prices Slide as Traders Bet on Iran Diplomacy

    Strait of Hormuz Shipping Traffic Falls Further as Saudi Oil Flows Rise

    • September 21, 2026
    Strait of Hormuz Shipping Traffic Falls Further as Saudi Oil Flows Rise

    Europe’s Fuel Crisis Spreads From Diesel to Jet Fuel

    • September 21, 2026
    Europe’s Fuel Crisis Spreads From Diesel to Jet Fuel

    Pakistan Secures Second Qatari LNG Cargo Through Hormuz After Iran Deal

    • September 21, 2026
    Pakistan Secures Second Qatari LNG Cargo Through Hormuz After Iran Deal

    PV Hardware Expands South African Presence with New Office, Strengthening Local Operational and Technical Support

    • September 21, 2026
    PV Hardware Expands South African Presence with New Office, Strengthening Local Operational and Technical Support

    Avaada’s 3 GW Solar Cell Facility in Nagpur Draws Fadnavis Praise as Maharashtra Targets Major Solar Manufacturing Expansion

    • September 21, 2026
    Avaada’s 3 GW Solar Cell Facility in Nagpur Draws Fadnavis Praise as Maharashtra Targets Major Solar Manufacturing Expansion