RE:Toward a Natural Gas Opec EU has not imposed any sanctions on Russian natural gas. It was Russia who decided to punish EU by cutting off contracted supplies using all sorts of excuses. Gazprom is now facing lawsuits from buyers in Germany and Italy and will be paying tens of billions under arbitrage rules. If not, Germany for instance can, confiscate its many assets in the country.
While Russian propaganda telling jokes about Europe freezing, EU managed to fill its storage and at some point about a month ago spot LNG prices were negative but tankers were waiting and probably unloading now as winter has started and there is room in the storage.
The U.S., Trinidad, Qatar and others are or will be shipping LNG to Europe who is rapidly expanding its import facilities. Everyone but gas rich Canada. On a recent visit to Canada, the German Chancellor was told that there is no strong business case for exporting LNG. The "renowned" businessman Trudeau has promised none existing green Hydrogen instead, by 2050. So the Chancellor flew to Qatar and signed a contract. What a waste of time was visiting Canada.