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The EU countries and the UK, with the support of the United States, are developing a package of sanctions against new Russian gas projects, which can be activated in the event of an invasion of Ukraine, the Financial Times writes, citing sources.

According to it, the measures are aimed at seriously reducing funding and supply of technology for new Russian projects in the gas sector. The interlocutors of the publication argue that this package of measures will be part of larger economic sanctions. Their degree of rigidity will be adjusted depending on the scale of the Russian offensive.

The FT reports that this is the first time that Europe has allowed an opportunity to strike at the gas sector, in which 40% of the fuel comes from Russia.

However, such sanctions could also harm Western companies, including BP, Total and Shell, which are investing in Russian gas projects, the newspaper writes. It recalls that the French Total, for example, is one of the largest investors in the development of fields in Yamal, and last year Shell signed a five-year agreement with Gazprom.

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