Russia’s LNG Clout in Europe Rises as US Fuel Heads Elsewhere
Global competition for gas is making it more difficult for the continent to shake its reliance on Moscow.
An LNG tanker docked in Corpus Christi, Texas.
Photographer: Mark Felix/BloombergWelcome to our guide to the energy and commodities markets powering the global economy. Today, reporter Anna Shiryaevskaya assesses a shift in LNG trade flows. For more on the future of deep sea metals mining, read this. To get this newsletter sent to your inbox, sign up here.
Russia was close to overtaking the US as Europe’s top supplier of liquefied natural gas this month, despite efforts by the region’s politicians to block its fuel and punish Moscow for the war in Ukraine.