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Sanctions from Western countries have weakened the oil and gas construction pipeline in Russia and Eastern Europe, says GlobalData

The sanctions placed on Russia as a result of the Russia-Ukraine conflict has led to a $237.5 billion decline in the Eastern Europe oil and gas project pipeline as restricted access to intermediate goods and international capital have halted the construction of numerous oil and gas projects, says GlobalData, a leading data and analytics company. .

Russia Sanctions Lead to $237B Decline in Oil Project Pipeline

GlobalData: Western sanctions weaken oil and gas construction pipeline in Russia, Eastern Europe

Sanctions have led to a $237.5 billion decline in the Eastern Europe oil and gas project pipeline as restricted access to intermediate goods and international capital have halted the construction of numerous oil and gas projects.

GlobalData: Western sanctions weaken oil and gas construction pipeline in Russia, Eastern Europe

Sanctions have led to a $237.5 billion decline in the Eastern Europe oil and gas project pipeline as restricted access to intermediate goods and international capital have halted the construction of numerous oil and gas projects.

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