economy

March 7, 2026

Russian companies to redirect LNG supplies in part to Asia-Pacific markets

According to Alexander Novak, Russian companies are considering opportunities, without waiting for the next restrictions from Europe, to make new long-term contracts with a number of Asian countries

Russian companies to redirect LNG supplies in part to Asia-Pacific markets

TL;DR

  • Russian companies are considering redirecting liquefied natural gas (LNG) supplies from Europe.
  • This redirection will occur without waiting for further European Union restrictions.
  • Potential new markets include India, Thailand, the Philippines, and the People's Republic of China.
  • The decision was made following discussions with President Vladimir Putin.
  • The aim is to secure long-term contracts with countries where pragmatic relations and demand exist.

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