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2024-06-24 17:05:31

US Supports Vertical Gas Corridor Project, Discusses Implementation with Bulgaria on Nostr: Gazprom's Recovery Journey Hindered by Russia Losing LNG Supplier Crown to US ...

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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