The anticipated influx of liquefied natural gas (LNG) from the US to Europe, which was expected to replace Russian pipeline gas, is experiencing a decline in market share this year. Conversely, the share of Russian LNG in the EU is increasing. We are seeking to identify the countries in Europe where...
By Rhod Mackenzie
At last there is some good news for the Russian gas giant Gazprom it has announced a new record for gas supplies to China. Currently, China is not the only market for Russian gas, with Europe also purchasing more of the blue fuel this year. What factors are driving the increased...
The price of liquefied natural gas (LNG) on European and American exchanges has reached its lowest level in months. The causes of the price decline are distinct. In Europe, the primary factor is industrial stagnation, which has led to a reduction in fuel consumption. In the United States, the market...
By Rhod Mackenzie
The Russian LNG sector has been under restrictions for 10 years now, and the situation is only getting more dramatic. Lets assess the successes of Russian companies in overcoming Western sanctions and what are the key tasks identified without which the development of the industr...
In a new development, the European Union has taken the step of imposing sanctions on Russian gas. However, the EU has not yet taken the more severe action of banning Russian liquefied natural gas (LNG). Instead, the EU has introduced a separate measure allowing the purchase of Russian LNG. What has...
In April 2024, China imported a total of 14.737 billion cubic metres (in the form of liquefied natural gas and through pipelines). This represents a 6.5% increase compared to the previous year, according to a report from the General Administration of Customs of the People’s Republic of China. This r...