: :inin Kyiv (EET)

Russian natural gas flows to Europe bear the brunt of LNG boom


The unprecedented wave of liquefied natural gas hitting Europe has the region’s dominant pipeline supplier of the fuel taking evasive action like never before.Gazprom PJSC has this year dramatically curbed supplies to the region as prices linger near their lowest in a decade on a seasonal basis. Brimming gas stores, no sign of a cold snap that would boost demand and huge tankers arriving daily with even more fuel mean there’s less room for Russian gas in the market.In the past, whether prices were high or low, the company usually kept pumping the fuel from its giant fields in western …read more

Source:: Gulf times

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