Russian gas flows favoring Asia over NWE as LNG finds takers in Europe

Russian gas supply to Asia has continued to grow with expectations that it would increase further as Europe diversifies its energy mix away from Russian pipeline supply, however, Russia-Europe LNG exports have climbed to record highs this year so far, S&P Global Commodity Insights data showed. Russia pipeline flows to China via the Power of Siberia line have risen steadily…Russian gas supply to Asia has continued to grow with expectations that it would increase further as Europe diversifies its energy mix away from Russian pipeline supply, however, Russia-Europe LNG exports have climbed to record highs this year so far, S&P Global Commodity Insights data showed. Russia pipeline flows to China via the Power of Siberia line have risen steadily…Read More