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EU sanctions on Russian LNG suggest growing confidence in a future without Russian gas

In June 2024, the EU adopted its 14th sanctions package against Russia which introduced measures prohibiting: transshipment of Russian LNG through EU ports to non-EU countries; imports of Russian LNG through terminals not connected to the EU natural gas system; and providing goods, technology or services for the completion of Russian LNG projects. All these measures reflect the EU’s growing confidence in a future without Russian gas, but they also suggest that such future will not be immediate. Of the 20.9 bcm exported from Yamal LNG to EU countries in 2023, around 25% was transshipped to destinations outside the EU. […]

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U.S. natural gas marketed production reaches record highs

In June 2024, the EU adopted its 14th sanctions package against Russia which introduced measures prohibiting: transshipment of Russian LNG through EU ports to non-EU countries; imports of Russian LNG through terminals not connected to the EU natural gas system; and providing goods, technology or services for the completion of Russian LNG projects. All these measures reflect the EU’s growing confidence in a future without Russian gas, but they also suggest that such future will not be immediate. Of the 20.9 bcm exported from Yamal LNG to EU countries in 2023, around 25% was transshipped to destinations outside the EU. […]

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LNG at a crossroads: the complete LNG picture

In June 2024, the EU adopted its 14th sanctions package against Russia which introduced measures prohibiting: transshipment of Russian LNG through EU ports to non-EU countries; imports of Russian LNG through terminals not connected to the EU natural gas system; and providing goods, technology or services for the completion of Russian LNG projects. All these measures reflect the EU’s growing confidence in a future without Russian gas, but they also suggest that such future will not be immediate. Of the 20.9 bcm exported from Yamal LNG to EU countries in 2023, around 25% was transshipped to destinations outside the EU. […]

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LNG continued to be a crucial part of the EU gas market’s supply portfolio but send-out from regasification terminals fell significantly in H1 2024

In June 2024, the EU adopted its 14th sanctions package against Russia which introduced measures prohibiting: transshipment of Russian LNG through EU ports to non-EU countries; imports of Russian LNG through terminals not connected to the EU natural gas system; and providing goods, technology or services for the completion of Russian LNG projects. All these measures reflect the EU’s growing confidence in a future without Russian gas, but they also suggest that such future will not be immediate. Of the 20.9 bcm exported from Yamal LNG to EU countries in 2023, around 25% was transshipped to destinations outside the EU. […]

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Spot LNG price assessments for EU LNG imports – July 23

In June 2024, the EU adopted its 14th sanctions package against Russia which introduced measures prohibiting: transshipment of Russian LNG through EU ports to non-EU countries; imports of Russian LNG through terminals not connected to the EU natural gas system; and providing goods, technology or services for the completion of Russian LNG projects. All these measures reflect the EU’s growing confidence in a future without Russian gas, but they also suggest that such future will not be immediate. Of the 20.9 bcm exported from Yamal LNG to EU countries in 2023, around 25% was transshipped to destinations outside the EU. […]

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Utilization of European LNG import terminals declined in Q2’24

In June 2024, the EU adopted its 14th sanctions package against Russia which introduced measures prohibiting: transshipment of Russian LNG through EU ports to non-EU countries; imports of Russian LNG through terminals not connected to the EU natural gas system; and providing goods, technology or services for the completion of Russian LNG projects. All these measures reflect the EU’s growing confidence in a future without Russian gas, but they also suggest that such future will not be immediate. Of the 20.9 bcm exported from Yamal LNG to EU countries in 2023, around 25% was transshipped to destinations outside the EU. […]

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What the Biden Administration Got Wrong on Its LNG Pause

In June 2024, the EU adopted its 14th sanctions package against Russia which introduced measures prohibiting: transshipment of Russian LNG through EU ports to non-EU countries; imports of Russian LNG through terminals not connected to the EU natural gas system; and providing goods, technology or services for the completion of Russian LNG projects. All these measures reflect the EU’s growing confidence in a future without Russian gas, but they also suggest that such future will not be immediate. Of the 20.9 bcm exported from Yamal LNG to EU countries in 2023, around 25% was transshipped to destinations outside the EU. […]

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Global LNG imports decline overall but hold up in Asia Pacific

In June 2024, the EU adopted its 14th sanctions package against Russia which introduced measures prohibiting: transshipment of Russian LNG through EU ports to non-EU countries; imports of Russian LNG through terminals not connected to the EU natural gas system; and providing goods, technology or services for the completion of Russian LNG projects. All these measures reflect the EU’s growing confidence in a future without Russian gas, but they also suggest that such future will not be immediate. Of the 20.9 bcm exported from Yamal LNG to EU countries in 2023, around 25% was transshipped to destinations outside the EU. […]

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Global LNG supply underperformance in Q2 2024

In June 2024, the EU adopted its 14th sanctions package against Russia which introduced measures prohibiting: transshipment of Russian LNG through EU ports to non-EU countries; imports of Russian LNG through terminals not connected to the EU natural gas system; and providing goods, technology or services for the completion of Russian LNG projects. All these measures reflect the EU’s growing confidence in a future without Russian gas, but they also suggest that such future will not be immediate. Of the 20.9 bcm exported from Yamal LNG to EU countries in 2023, around 25% was transshipped to destinations outside the EU. […]

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Natural demand gas expanding by a fifth by 2050

In June 2024, the EU adopted its 14th sanctions package against Russia which introduced measures prohibiting: transshipment of Russian LNG through EU ports to non-EU countries; imports of Russian LNG through terminals not connected to the EU natural gas system; and providing goods, technology or services for the completion of Russian LNG projects. All these measures reflect the EU’s growing confidence in a future without Russian gas, but they also suggest that such future will not be immediate. Of the 20.9 bcm exported from Yamal LNG to EU countries in 2023, around 25% was transshipped to destinations outside the EU. […]

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Spot LNG price assessments for EU LNG imports – July 17

In June 2024, the EU adopted its 14th sanctions package against Russia which introduced measures prohibiting: transshipment of Russian LNG through EU ports to non-EU countries; imports of Russian LNG through terminals not connected to the EU natural gas system; and providing goods, technology or services for the completion of Russian LNG projects. All these measures reflect the EU’s growing confidence in a future without Russian gas, but they also suggest that such future will not be immediate. Of the 20.9 bcm exported from Yamal LNG to EU countries in 2023, around 25% was transshipped to destinations outside the EU. […]

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Australian LNG export volumes expected to hold steady

In June 2024, the EU adopted its 14th sanctions package against Russia which introduced measures prohibiting: transshipment of Russian LNG through EU ports to non-EU countries; imports of Russian LNG through terminals not connected to the EU natural gas system; and providing goods, technology or services for the completion of Russian LNG projects. All these measures reflect the EU’s growing confidence in a future without Russian gas, but they also suggest that such future will not be immediate. Of the 20.9 bcm exported from Yamal LNG to EU countries in 2023, around 25% was transshipped to destinations outside the EU. […]

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