Will Dynagas be allowed to continue transporting Russian LNG under the new EU sanctions, and under what conditions?

Yes, according to the Financial Times report cited in the news, Greece-based Dynagas will be allowed to continue carrying Russian liquefied natural gas under the new EU sanctions currently under negotiation. The deal — pending approval by EU envoys — would permit EU-based companies to transport Russian LNG to third countries for a 12-month period, renewable once, but with volumes capped at 2025 levels.

What is the status of the EU's 21st sanctions package against Russia, and what does it target?

The EU ambassadors failed to agree on the 21st package of sanctions against Russia on Wednesday, as reported by an EU diplomat speaking to Reuters; the package targets Russia's banking sector in an effort to pressure Moscow's financial system during what the EU considers a vulnerable time.

Greece-Based Dynagas Allowed to Carry Russian LNG Under New EU Sanctions, FT Says

Jul 22, 2026

Under new EU sanctions, Greece-based Dynagas may continue carrying Russian LNG with volumes capped at 2025 levels, while the oil price cap remains at $44.10 per barrel.

reuters

2026-07-22

Greece-Based Dynagas Allowed to Carry Russian LNG Under New EU Sanctions, FT Says

Greece-Based Dynagas Allowed to Carry Russian LNG Under New EU Sanctions, FT Says

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