undefined | Russia hunts for new gas customers in the shadow of the Iran war by Sweden Herald Russia is now marketing large volumes of discounted natural gas to Asian nations that are experiencing energy shortfalls after Iran’s blockade of the Strait of Hormuz. The gas, which remains under Western sanctions, is being offered at roughly a 40 percent discount compared with current spot market prices. According to Bloomberg, the sales will be arranged through intermediaries based in both China and Russia, a shift from the pre‑war situation in which Russian gas was sold almost exclusively to China. To make the transactions more palatable for buyers, Russia plans to supply documentation that misrepresents the origin of the gas, claiming it comes from non‑sanctioned sources such as Oman or Nigeria rather than from its sanctioned Arctic LNG 2 and Portavaja facilities. This tactic is intended to sidestep the sanctions regime while still delivering the lower‑priced product to the region. The move reflects Moscow’s broader strategy to secure new customers in the wake of the Iran‑related disruption, leveraging the heightened demand in the Asian market and the willingness of buyers to accept gas with questionable provenance if it comes at a substantially reduced price. Read more: undefined #russia #iran #china #arcticlng2 #asian