Europe faces its emptiest storage in years as the pre-war gas cushion runs out
The pre-war cushion ends this week. Pakistan goes dark by the end of the month. Europe may reverse its Russian gas ban to survive what comes next.
Browsing Tag
liquified natural gas (LNG)
21 posts
How did Ukraine build four US gas corridors in 14 months while under constant bombardment?
Germany and Lithuania routes launch in the same week.
Why Russian LNG keeps flowing despite EU ‘bans’ (INFOGRAPHICS)
The actual import ban doesn’t start until 2027.
UK moves to curb Russian LNG shipping as the EU holds back (INFOGRAPHIC)
Belgium’s single port received more Russian LNG than all of China last year.
Bloomberg: Europe seeks Australian gas to reduce Russian energy dependence
LNG vessel Elisa Ardea heads to France’s Dunkirk, potentially marking Australia’s first gas delivery to Europe since 2022.
“War tax” on Russian LNG is key to starving Kremlin’s war chest
As Russia's military budget swells to nearly 8% of GDP, policy analysts urge the EU to implement a targeted customs duty on Russian LNG imports
UK imposes new sanctions on Russian LNG sector
The UK has imposed sanctions on 5 vessels and 2 entities involved in Russian LNG shipping, including from the Arctic LNG 2 project, aiming to constrain Russia's plans to expand its global LNG market share.
British Defense Ministry: Russia raises gas prices for households to increase revenues
Russia has increased domestic gas prices by 11.2% in an attempt to offset losses from sanctions and the loss of European markets, according to British intelligence.
Reuters: Russia’s gas ambitions hit snag as sanctions force Arctic LNG 2 to suspend operations
The main problem is a shortage of specialized LNG tankers: only three have been built, and South Korea withdrew from building more under US sanctions
Senator silenced: how France’s TotalEnergies is allergic to transparency on Russia
Fossil fuel giant hits French senator with lawsuit on eve of hearing into its alleged human rights abuses in Africa and secretive deals with Russia
Russian natural gas company in Leningrad Oblast on fire
Explosions and a fire broke out early on 21 January at the Ust-Luga natural gas terminal operated by Russian company Novatek, Russia's largest independent natural gas producer.
Russia left out in the cold as US sanctions torpedo LNG project
Russia's Arctic LNG 2 project now needs alternative investors, carriers, and equipment: its partners chose to leave over face the wrath of US third country sanctions
Media: Foreign companies exit major Russian LNG project due to sanctions
Foreign shareholders in Russian Arctic LNG-2 project, including TotalEnergies and Chinese firms, declare force majeure and suspend involvement, prompted by US sanctions on Russia's Novatek, Russian media says.
FT: EU helps sell on over 20% of liquefied natural gas imports from Russia
More than a fifth of Russia’s liquefied natural gas reaching Europe is reshipped to other parts of the…
FT: US tries to strangle key Russian LNG project with sanctions
The US targeted Russia's liquefied natural gas exports for the first time, blocking the $21 billion Arctic LNG 2 project set to begin shipping fuel in 2024.
Spain and Belgium increased Russian natural gas imports by up to 50%
EU countries keep on expanding their LNG infrastructure, even though demand for LNG and gas is expected to decline, the report showed.
Shell continues trading Russian gas despite pledge to withdraw
The multinational oil and gas company Shell is still trading Russian gas more than a year after it…
LNG frenzy boosts Russian gas in Europe, not energy security – opinion
Following the start of Russia's brutal invasion of Ukraine, the European gas industry announced that it plans to…
European import of Russian LNG increased to a record volume despite sanctions — FT
Europe is importing a record amount of seaborne Russian gas even as flows through pipelines have all but…
LNG shipments from Russia rose to highest since March
Russian liquefied natural gas shipments increased in October to nearly a record, illustrating how the world is struggling…