Gazprom Tilts Further East as Relations With Europe Under Strain

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Gazprom PJSC delivered a record daily amountBloomberg Terminal of natural gas to China on Sunday, while shipments to European customers languished at multiyear lows.

The rise in exports to Asia isn’t a reaction to the deterioration of Moscow’s relations with the West, but it’s indicative of a long-term realignment of energy flows that could be accelerated by the invasion of Ukraine.