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Russia tempts energy-starved South Asia with 40% discounts on US-sanctioned LNG

China- and Russia-based intermediaries are reportedly also providing paperwork to make it appear that the fuel comes from legitimate sources

2-MIN READ2-MINBloombergPublished: 1:37pm, 9 Apr 2026Russia is seeking to leverage a global natural gas supply crunch to lure energy-starved South Asia into purchasing shipments from its US-sanctioned facilities, according to people familiar with the matter.The shipments were being offered at a 40 per cent discount to spot prices last week via little-known intermediary companies based in China and Russia, said the people, who asked not to be named as they were not authorised to speak to the media.

The sellers said that they could provide paperwork to make it appear that the shipments originated from non-Russian sources, like Oman or Nigeria, the people said.

It could not be confirmed whether any of the shipments were bought.

Read original at South China Morning Post

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