"Following Russia’s annexation of Crimea in 2014 and crisis starting in Ukraine in 2022, the United States, European Union, and other Western imposed stringent sanctions on key sectors of Russia’s economy, particularly the energy sector. This report analyzes the effects of these sanctions on Russia’s economy, geopolitics, and security, with a focus on their impact on Russia’s Arctic liquefied natural gas (LNG) projects, such as Yamal LNG and Arctic LNG 2, both critical to the country’s energy export strategy."

Read the newest report by Executive Director Dr. Nong Hong.