Sanctions the next big driver as LNG market digests decision to pause Nord Stream 2

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The LNG market’s reaction to Germany’s pause of the Nord Stream 2 gas pipeline due to Russia’s incursion into Ukraine was tempered Feb. 22, as traders awaited sanctions and shifts in trade flows that could have a bigger impact on prices. Activity was quieter than market participants expected, with traders chalking that up to the fact that uncertainty over the…