EU Giving Up Putin’s Pipelines for Trump’s Tankers Full of LNG
4 Articles
4 Articles
EU Giving Up Putin’s Pipelines for Trump’s Tankers Full of LNG
When the going gets tough, the EU buys American gas. Or at least that’s the emerging strategy as Brussels preps a shiny new road map to wean itself off Russian fossil fuels—while simultaneously dangling a $350 billion olive branch in front of President Trump in hopes he’ll holster the tariff threats. European Council President Antonio Costa has told Bloomberg this week that the May 6 plan—to be imminently released—will send a clear political sig…
Russia aiming to increase LNG exports by 100bcm by 2030
Sweet dreams are made of LNG: Russia is targeting to more than triple its LNG exports by 2030, from around 45 bcm in 2023 to over 140 bcm by the end of this decade. Russia published its revised Energy Strategy earlier this month, with a clear bet on LNG, while piped gas exports are foreseen to increase by a marginal 27 bcm compared to its 2023 levels – this is exactly the incremental volumes contracted by China through Power of Siberia and the F…
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