Take Your Trading To The Next Level. Get Started Here!

Interactive: Russian gas market share in Europe on the wane as LNG, Norway step up

September 23, 2022 Comments Off

Before skyrocketing gas prices encouraged Norwegian supply and LNG imports, Russia had been the largest single source of gas supply for Europe. However, it was Russia’s invasion of Ukraine —followed by Gazprom reducing and then halting deliveries to Germany via Nord Stream— that signaled a tipping point in Europe’s gas supply . The following interactive chart illustrates the fast-changing paradigm…