US LNG cargoes get diverted from Asia to Europe to fill supply gap

Thursday, 13 January 2022

Sky-high European gas demand has caused US LNG exporters to divert cargoes – initially sold to Asian buyers – to northeast Europe. With the start-up of Nord Stream 2 held up by the German regulator, and three of the country’s nuclear power stations shut down on New Year’s Eve, utilities turn to LNG to reduce the risk of power shortages.

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