Europe Stocks Up On LNG Ahead of Winter

For the first time in ten months, Europe’s imports of liquefied natural gas rose in October from the previous month as it moved to fill its gas storage sites for the winter in which the transit deal for Russian pipeline gas flows via Ukraine expires. The rare October jump in LNG imports was largely due to buyers stocking up on the fuel at steady prices at the end of the summer, while Asia’s LNG imports slightly fell last month, likely due to lower Chinese purchases, per data from commodity analytics firm Kpler cited by Reuters columnist…