FT reports US and Russia have discussed economic incentives to advance peace
talks that would permit US firms to re-enter Russia’s energy sector. Proposals
cited include restoring Sakhalin oil and gas JVs, resuming Russian oil exports
to Europe via the Druzhba pipeline, partial restoration of Nord Stream gas
flows, Novatek participation in Alaska LNG, sale of Lukoil’s overseas assets to
investors close to the White House, easing potash sanctions, and transferring
management of the ZAPORIZHZHIA NUCLEAR PLANT to a US entity. US officials say
any cooperation must be part of a comprehensive peace framework and no agreement
has been reached. The FT adds Europe opposes sanction relief before the conflict
ends and US companies are reportedly cautious, leaving implementation highly
uncertain.
