Warns of more volatility if Russia hit by sanctions Calls on Europe to be ‘proactive’ on supply security LNG cargoes likely to continue to come to Europe Shell is prepared to do what it can to bring more LNG to Europe to help mitigate the impact of any potential sanctions on Russian energy, but warned of an “incredibly” tight market and called on Europe to be “proactive” in managing its gas supply security. Receive daily email alerts, subscriber notes & personalize your experience. Register Now There remain concerns in the European gas market that Russian gas supplies could be disrupted in the event of an escalation in the standoff between Moscow and the West over Ukraine and any potential imposition of sanctions against Russian energy. “If harsh sanctions are applied, I think undoubtedly there will be volatility,” Shell’s head of integrated gas, Wael Sawan, said at the launch […]