Key facts
- The U.K. sanctioned 31 individuals and entities targeting Russia's revenues and alleged war crimes.
- Exemptions were granted allowing LNG from Russia's Sakhalin-2 facility to continue exporting to Japan and South Korea.
UK sanctions Russia but allows LNG imports for Japan, South Korea
IN SHORT
The U.K. imposed new sanctions on 31 individuals and entities targeting Russia's revenues and alleged war crimes, but maintained exemptions for LNG imports from Russia's Sakhalin-2 facility to Japan and South Korea. The move aligns with similar exemptions previously granted by the EU to the two Asian allies.
Key Numbers
31individuals and entities sanctioned by the U.K. against Russia
22individuals sanctioned for alleged war crimes
8ships identified as belonging to Russia's shadow fleet
Who's Involved
Lord Wood of Anfield
British Europe minister who announced the sanctions
Tokyo Gas Co.
company with a storage facility in Tokyo, Japan
Novatek Gas and Power Asia
Russian energy company targeted by sanctions
↳ Why This Matters
The U.K.'s decision to maintain LNG import exemptions for Japan and South Korea highlights the delicate balance between imposing sanctions on Russia and ensuring energy security for allies, particularly in Asia, as they navigate a transition away from Russian fossil fuels.