Tackling Gazprom matters more than China relations for U.S. LNG exporters — Panjiva
MENU

Tackling Gazprom matters more than China relations for U.S. LNG exporters

China 3003 Energy - Conventional 452 Energy - Natural Gas 153 European Union 848 Russia 122 Trade Deals 1003 U.S. 5351

The U.S. House of Representatives has voted to extend sanctions against Gazprom’s Nord Stream 2 gas pipeline in Europe. The extension of existing measures, under the National Defense Authorization Act, could worsen relations with the EU. Germany’s Defense Minister, Annegret Kramp-Karrenbauer, stated that “these are not in accordance with international law”. There are likely to be commercial as well as defense issues at play. U.S. LNG exporters represented 6.9% of EU-27 natural gas imports in the 12 months to April 30 compared to 34.4% for Russia via LNG and pipeline. EU LNG imports have ...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.