Why U.S. LNG Is Going To Asia Instead Of Europe

3 comments
  1. – Most American gas has been going to Asia, where buyers have been more generous with prices.

    – U.S. LNG has never been particularly competitive in most of Europe because of the availability of pipeline gas.

    – Asia’s insatiable appetite for energy and its willingness to pay a premium for U.S. LNG because of the lack of major pipeline supplies, it is likely to remain as the ultimate market for U.S. LNG.

  2. First they try to cut Russian gas to Europe in order to sell their LNG and now they cut the LNG too. With friends like that …

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