For the First Time, US Is Sending More Gas to Europe Than Russia
- US volumes were higher than Russian piped gas last month
- Russia slashed deliveries to Europe via Nord Stream pipeline
The liquid natural gas (LNG) inland tanker LNG London sails in the Port of Rotterdam.
Photographer: Geert Vanden Wijngaert/BloombergThis article is for subscribers only.
For the first time, the US is supplying more natural gas to Europe than Russia sends by pipelines, according to the International Energy Agency.
Europe is seeking alternatives such as US liquefied natural gas to Russian supplies after Gazprom PJSC slashed shipments through Nord Stream, its biggest pipeline to Europe, and cut off shipments to countries that didn’t comply with new payment terms. Russia met more than a third of the European Union’s gas demand last year.