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Russia Offers Discounted LNG Amid Global Supply Crisis

4/9/2026

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Story summary
  • Russia uses a global natural gas shortage to offer LNG shipments from its US-sanctioned facilities at a 40% discount.
  • The approach targets India and Bangladesh amid supply disruptions from the Strait of Hormuz closure and attacks on Qatar's LNG facilities.
  • Intermediaries in China and Russia provide documentation to disguise the gas as non-Russian, while India remains cautious and Bangladesh faces higher prices and rationing.