July 20, 2022 "Russia Defaults On 5 LNG Cargoes To India"
Putin feels the ‘sanctions heat’: Russia's Gazprom fails to send
five cargoes of gas to India
Russia is finally feeling the heat of sanctions imposed by
the West for its invasion of Ukraine. As per PTI report, Russia has defaulted
on the supply of LNG to India. Russian gas producer Gazprom has failed to
supply 5 cargoes of LNG to India, since June. This under a long-term deal with
India's largest gas firm GAIL to export 2.85 million tonnes of liquefied
natural gas (LNG) per annum. As per PTI report, Gazprom cited difficulty in
sourcing gas due to sanctions. The report added that GAIL is now scouting for
alternatives including tying up supplies from other sources in the US and the
Middle East.
(Watchman comment: You will recall that it was U.S. embargo, that included
oil, against Japan that forced Japan to attack the U.S. and Indonesia in WWII.
Japan seized Royal Dutch Shell oil properties in Indonesia. The war in Ukraine
has the world on the brink of another world war. )
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