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2024-07-01 01:08:10
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Eurasia Review on Nostr: nostr:note1quhcu9qzeutcj68kqnpt4nxz6lj04lul9f3cxde78tt9egxqyy6sy7h5tj

Gazprom's Recovery Journey Hindered by Russia Losing LNG Supplier Crown to US
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#ae5a9575 ver:0.22

Gazprom faces a decade-long journey to recover lost revenues due to the war in Ukraine and sanctions on Russian oil and gas exports. The company's hopes of offsetting lost European trade by expanding into China have been hindered by stalled pipeline negotiations. The decline in Gazprom's revenues has significant implications for the Russian economy, while Russia's recent overtaking of the US as the biggest LNG supplier to Europe may not last due to limited flexibility and growing US LNG production. European gas demand is struggling, while the Asian LNG market remains strong. #Gazprom #Russia #LNG #Europe...

#newstr #Gazprom #Russia #Ukraine #EuropeanGasMarket #Lng #China #Sanctions #Exports #GasDemand #UsLng #TransitAgreement

https://here.news/story/ae5a9575?ver=0.22
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