Siberian Gas by Way of London Rescues Chilly Boston

  • Cargo loaded from storage last topped up with LNG from Russia
  • Gaselys tanker expected to arrive in Boston on Jan. 22
A gas ring burns on a stove in London, U.K., on Sunday, Dec. 18, 2011. Electricity and gas supply plunged 4.9 percent, as the warmest October since 2006 curbed energy demand.

Photographer: Matthew Lloyd/Bloomberg

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Not many people had expected the U.S. to turn to Europe for natural gas this winter.

Yet the polar chill that gripped the U.S. East Coast this month, and sent spot prices to records, has led to a tanker loading a cargo of liquefied natural gas in the U.K. for Boston, some of which was likely produced by a project in Siberia targeted by U.S. financial curbs.