The United States is shipping record volumes of liquefied natural gas (LNG) to Europe to help EU allies in their efforts to fill gas storage ahead of the winter amid growing uncertainty about Russian gas supply. For the first time ever, the European Union imported in June more LNG from the United States than gas via pipeline from Russia, as Moscow slashed supply to Europe in the middle of last month.
Going forward, demand for U.S. LNG is set to remain robust as Europe races to reduce its dependence on Russian pipeline gas. In…What Is Keeping America From Realizing Its LNG Potential?
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