US LNG cargo oversupply to Europe mounted in August, trade-flow data shows
September 3, 2022 Comments Off
Nearly 60% of US LNG cargoes delivered in August landed in Europe as the Continent filled up storage to prepare for peak winter demand amid ongoing reductions in Russian pipeline gas, an S&P Global Commodity Insights analysis showed. That trend could continue, with the Nord Stream gas pipeline from Russia to Germany offline indefinitely due to what Moscow said Sept….
US LNG cargo oversupply to Europe mounted in August, trade-flow data shows
Nearly 60% of US LNG cargoes delivered in August landed in Europe as the Continent filled up storage to prepare for peak winter demand amid ongoing reductions in Russian pipeline gas, an S&P Global Commodity Insights analysis showed. That trend could continue, with the Nord Stream gas pipeline from Russia to Germany offline indefinitely due to what Moscow said Sept….
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