EU’s Imports Of U.S. LNG Five Times Higher Than Russian Supply

EU’s Imports Of U.S. LNG Five Times Higher Than Russian Supply

OilPrice.com

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So far this month, the European Union has received U.S. natural gas volumes five times higher than Russia’s pipeline deliveries, according to Polish outlet rp.pl, the first time in history in which American LNG has surpassed Russian gas deliveries.   Last month, at least 30 tankers with liquefied natural gas from the United States were headed to Europe, where the gas and energy crisis pushed regional LNG prices way above the Asian LNG benchmark and 14 times higher than the U.S. Henry Hub price. At the same time, Russian gas deliveries…

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