Tankers run by US vitality firms are delivering liquefied pure fuel (LNG) purchased in Russia to the Antwerp Gas Terminal in Belgium, studies Belgian day by day Le Soir, as a part of an investigation based mostly on the 'Paradise Papers' leak.

On Sunday, the International Consortium of Investigative Journalists (ICIJ), reportedly financed via George Soros funds, launched over 13 million paperwork from the world’s main offshore legislation corporations. The paperwork revealed that 4 cargo ships owned by Navigator Holdings purchased fuel produced by Russian petrochemical firm Sibur.

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The LNG was reportedly loaded on the Russian Baltic port of Ust Luga. The monetary papers additionally revealed that US Commerce Secretary Wilbur Ross has a 35 % stake in Navigator Holdings, which is registered within the Marshall Islands.

Earlier this yr, the Russian envoy to the EU Vladimir Chizhov mentioned the US wouldn’t have the ability to exchange Russian fuel on the European market even when it have been free.

The probe reveals the EU, which is actively constructing new LNG terminals to minimize its dependence on Russian pure fuel, is at present buying Russian gas however at a better worth and technically not from Russia.

“US corporations are able to seek for one-use options that convey some revenue to them however make it troublesome for different states to do enterprise. That characterizes the entire American method to commerce,” mentioned an knowledgeable of the International Institute of Humanitarian and Political Studies Vladimir Bruter, as quoted by Russia’s federal information company.

In authorized phrases, the present scenario shouldn’t be breaking worldwide or another legal guidelines, however the outcomes are yielding fruit for the US, in accordance with the analyst. Although it’s not clear how American corporations usually are not violating US sanctions by working with Russian vitality companies.

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“Nothing private, it’s simply enterprise. Americans have purchased Russian fuel at a revenue, and now they’re promoting it at a revenue, concurrently attempting to drive Moscow out of the vitality market,” Bruter mentioned.

Source: www.rt.com/

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