Sunday, August 11, 2019

Growth of LNG trade are increasing the options for Europe’s gas importers

The increase in global natural gas production, the buildup of new gas transport infrastructure, the decrease in natural gas prices, the growth of liquefied natural gas (LNG) trade are all already increasing the options for Europe’s gas importers and reducing the influence of the Russian energy giant Gazprom. That, in turn, will transform Europe’s energy security in the coming years.  

says Reuters in the commentary: "As Russia’s gas market gets weaker, Europe gets stronger."

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