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American LNG won't be enough to fill EU supply gaps next year

EUROPE has been able to plug the gap left by smaller Russian gas flows with US LNG supplies, but those shipments won't be able to keep up as the shortfall expands, a Bloomberg report said on Friday.

Tim Daiss

American LNG won't be enough to fill EU supply gaps next year

While US gas now makes up 40% of Europe's LNG imports, it will only offset a fraction of the deficit from Russia next summer, BloombergNEF (BNEF) says. That means it'll be harder to rebuild inventories...

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