They are no longer talking about the ban: LNG imports from Russia to Europe are relevant again
Despite attempts to ban the import of Russian liquefied natural gas, Europe is purchasing it more actively than before, reports the Natural Gas Intelligence portal.
This is due to the fact that high spot prices in the Pacific region, which have reached new highs in recent weeks, have attracted more supplies of American LNG to Asia, leaving the Old World without a surplus of fuel.
Europe imported nearly 35% of its LNG from the United States and 21% from Russia last month, according to think tank Kpler. By comparison, in June, 39% were imported from the United States and 19% from Russia. Over the same period, European LNG imports overall fell to 6,11 million tonnes, a 34-month low amid weak demand for the commodity.
– reports Natural Gas Intelligence.
Kpler analyst J.P. Lacouture told NGI that supplies of liquefied natural gas to Europe from the Novatek PJSC plant in Yamal have increased slightly.
Thus, shipments of raw materials to Europe in July look approximately the same in scale as for the same month in 2020 and 2022. However, on an annual basis, the numbers are much more noticeable.
In addition, a number of other sources associate the appeal to Russian LNG with a combination of other factors, in particular, geopolitical tensions in the Middle East and potential threats in the Straits of Hormuz and Bab el-Mandeb, through which gas carriers pass.
Information