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Gazprom faces new challenges as EU faces deindustrialisation

By Rhod Mackenzie

Amidst the acrimonious standoff between Russia and the collective West, Gazprom lost the major portion of its European gas market, accounting for up to 40% of its revenue in times of peace. The challenge now is to ponder over two options: replace the lost Western exports with tho...

EU BRICS Russia China LNG Gas Gazprom Novatek
The EU ditched Russian gas for USA LNG and now the US cannot provide the volumes needed

By Rhod Mackenzie

Having pushed Gazprom out of the European market, the American oil and gas industry is facing a slowdown in its growth in gas production. This could be an unpleasant surprise not only for Europe, but also for Japan and China, the main buyers of American LNG. According to the US D...

EU Russia USA LNG Gas Gazprom