MARKETS

Russia's Sakhalin-2 LNG project tells Japanese buyers to pay bank inside Russia

Japanese companies that import LNG from Russia's Sakhalin-2 LNG project have been told to change how they make payments, and instructed to pay a Russian branch of a European bank, according to several media reports, citing sources and people familiar with the matter. The Nikkei Asian Review said that it's a move likely intended to shield Moscow's LNG revenue from sanctions.