For the first time ever, the #US is supplying more natural #gas to #Europe than #Russia sends by pipelines, according to the International Energy Agency.
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bloomberg.com/news/articles/…
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bloomberg.com/news/articles/…
“Russia’s recent steep cuts in natural gas flows to the EU mean this is the first month in history in which the EU has imported more gas via LNG from the US than via pipeline from Russia,” IEA Executive Director Fatih Birol said in a tweet.
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The EU in March agreed on an additional 15 billion cubic meters of US LNG this year in a bid to displace Russian gas.
Russia ships about 150 billion cubic meters of gas to Europe via pipelines every year, and another 14 billion to 18 billion cubic meters of LNG.
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Russia ships about 150 billion cubic meters of gas to Europe via pipelines every year, and another 14 billion to 18 billion cubic meters of LNG.
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