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US and Russian officials discussed energy deals alongside latest Ukraine peace talks: Reuters

Officials proposed energy deals including ExxonMobil's return to Sakhalin-1 and US sales of liquefied natural gas equipment to incentivize peace and ease sanctions on Russia.

  • This month, U.S. and Russian government officials discussed several energy deals on the sidelines of Ukraine peace negotiations, including ExxonMobil re-entering Sakhalin-1 and Russia buying U.S. equipment for LNG projects.
  • During U.S. envoy Steve Witkoff's Moscow visit earlier this month, energy proposals were discussed as incentives to encourage the Kremlin to agree to peace and ease sanctions on Russia, and these offers were also raised at the Alaska summit on Aug 15.
  • U.S. sanctions have cut off ice-class ships for Arctic LNG 2, which resumed processing in April at a low rate and loaded five cargoes onto tankers this year.
  • Since the Alaska summit on Aug 15, no breakthrough in peace talks has occurred, and President Donald Trump has threatened new sanctions if talks stall; two sources said deals were discussed inside the White House, aiming for a post-summit investment headline.
  • The talks mark a pivot toward bilateral deals, yet Russia's cutoff from most investment since February 2022 and Moscow's close ties with Mr Xi limit U.S. leverage.
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According to insiders, the U.S. and Russia secretly negotiated oil and LNG deals, U.S. technology and tankers during the Ukraine talks.

·Berlin, Germany
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Market Screener broke the news in on Tuesday, August 26, 2025.
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