Russia: Liquefied Natural Gas
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if he will take steps to sanction UK based insurance firms providing insurance to tankers engaged in shipping Russian Liquified Natural Gas.
Answered by Stephen Doughty
The UK has taken extensive action to limit energy revenues that fund Russia's war. UK persons are prohibited from importing Russian Liquified Natural Gas (LNG) and acquiring Russian LNG with the intention of entering the UK. This prohibition also covers the provision of certain services relating to the import or acquisition of goods with the intention of entering the UK. The categories of services include financial services and funds which includes insurance-related services, brokering services and technical assistance.
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