American shale gas is, at long last, penetrating into Eastern Europe. Poland just purchased its first cargoes of U.S. liquified natural gas (LNG), an important milestone in Europe’s quest to reduce its dependence on Russian energy imports. Bloomberg reports:
Poland’s state-owned PGNiG SA bought a spot liquefied natural gas cargo from Cheniere Energy Inc.’s Sabine Pass plant for delivery in June to the nation’s Baltic Sea import terminal, the first such contract for Central and Eastern Europe, it said Thursday. No LNG has been shipped to northern Europe since Sabine Pass started exports more than a year ago. […]The agreement is …read more
Source: The American Interest
