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Story summary
- The UK government exempted domestic firms from sanctions on Yamal LNG and Sakhalin-2 until January 2027, permitting ice-breaker and insurance services.
- British firms enable Russia to earn about £714 million monthly from LNG shipments under the exemption.
- British-owned or insured vessels have carried roughly 76 percent of Russian LNG exports since the 2022 invasion.
- Campaigners and the resigning defence secretary say the exemption funds Russia’s war economy while the UK under-invests in defence.
