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EU Adopts 21st Sanctions Package: What Changes for Gas Trading
Managing Partner Correggio Consulting BV (Brussels) Founder-CEO CorreggioNET │ Managing Director, REMITREP Services BV (Amsterdam) │ Founder ZETA (Zero Emissions Traders Alliance) (Abu Dhabi)
Region: EU | Commodity: Gas, LNG | Topic: Sanctions
The EU's 21st sanctions package, adopted on 23 July, introduces several new rules affecting gas and LNG trading.
Resale of LNG tankers to third countries now triggers a notification requirement, with a full ban on selling tankers to Russia under consideration. A one-year exemption applies to LNG transfers to third countries under qualifying contracts signed before 24 February 2022, capped at 2025 volume levels and subject to regular cargo reporting. A separate carve-out covers Sakhalin-2 LNG deliveries to South Korea and Japan until 31 March 2028, granted at those countries' request in light of the Middle East situation.
The sanctioned shadow fleet list has been expanded again, now capturing vessels that provide services to sanctioned ships. Separately, the EU's broader Russian LNG import phase-out timeline remains unchanged.
Sources: Council of the EU Press Release; Council Regulation (EU) 2026/1848 and Council Decision (CFSP) 2026/1849 (EUR-Lex)
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