Russia and Sri Lanka discuss the creation of an LNG terminal
Russia and Sri Lanka have started negotiations on building a liquefied natural gas (LNG) terminal. This move is linked to Russia’s need to find new markets after the European Union imposed sanctions.
Sri Lanka’s ambassador to Russia, Shobini Gunasekera, confirmed that the countries are in preliminary talks following a minister’s visit. This comes amid significant changes in the gas market after the EU decided to stop importing Russian gas by 2027. The search for new markets coincides with Russia’s need to expand its presence in markets willing to accept their gas under the risk of secondary sanctions.
Previously, Russia intensified its efforts to expand exports to China. The first shipment of liquefied natural gas since the imposition of US sanctions was sent there, indicating strengthened energy cooperation between the countries. Moreover, China is actively forming a so-called “shadow fleet” for importing Russian gas despite US sanctions.
Experts note that for Russia, the key is not only finding new markets but also developing infrastructure for LNG exports. Building terminals in countries willing to accept Russian gas could support these efforts.
| Country | Status of negotiations | Export strategy |
|---|---|---|
| Sri Lanka | Preliminary talks | Creation of LNG terminal |
| China | Active cooperation | Shadow fleet for import |
