Russian LNG exports to Europe and Asia decline slightly while Russia’s oil deliveries are still much in demand
Exports of Russian liquefied natural gas cargoes from the Yamal plant in northern Siberia and the Sakhalin plant in Russia’s Far East declined only slightly in the past year as Moscow also adapted its oil export policies under the OPEC+ regime as well as to cope with Western sanctions over Ukraine.
Venture Global signs LNG supply deal with former Gazprom Germania taken over by German Government
Venture Global LNG, the US operator of the Calcasieu Pass export plant in Louisiana and developer of three other export project in the US Gulf Coast state, has signed a 20-year supply deal with the former Gazprom Germania that was taken over by the German Government.
LNG competitor Nord Stream I gas pipeline from Russia to EU shuts for 10 days as Nord Stream II on track
Nord Stream AG, the natural gas pipeline company for the Russia-to-Germany Nord Steam I Pipeline, one of the main competitors to LNG, will temporarily shut down both lines of its system for routine maintenance for 10 days, starting today.
China imported record 61 million tonnes of LNG in 2019 led by Australia and Qatar cargoes
China likely imported a record 61 million tonnes of LNG during 2019, a 13.5 percent increase on the previous year and consolidating its position as the No. 2 importer after Japan and ahead of South Korea.
