Despite Europe’s latest sanctions, Russia can still sell its liquefied natural gas (LNG) to other consumers, Russian Deputy Prime Minister Alexander Novak told TASS Director General Andrey Kondrashov in an interview.
“As far as the sanctions are concerned, we do not recognize them. They are illegitimate and aggravate the situation of those who impose them, as well as of their own consumers, namely with regard to fuel prices,” he said on the sidelines of the Caucasus Investment Forum.
“Undoubtedly, considering that this type of fuel [LNG] is sought after, and global demand for it is growing, it [Russian LNG] will be sold. Agreements with partners have already been reached. Of course, there will be some difficulties that will have to be overcome,” Novak said.
In his words, the sanctions that the West has been imposing on Russia since 2014, eventually lead to economic growth by spurring import substitution.