Putin Says US LNG Uncompetitive in Europe

Wednesday, October 3, 2018

Russia's President Vladimir Putin said on Wednesday that liquefied natural gas (LNG) from the United States was uncompetitive in Europe.

Putin said at the Russian Energy Week in Moscow that U.S. LNG was 30 percent more expensive compared to Russian gas that Moscow supplies to Europe via its pipelines.


(Reporting by Dmitry Zhdannikov and Denis Pinchuk; Writing by Andrey Kuzmin; Editing by Susan Fenton)

Categories: Energy Government Update LNG Shale Oil & Gas

Related Stories

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Serica Energy Agrees $194M Pharos Energy Acquisition

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Gastech 2026 to convene global energy leaders in Bangkok as Asia accelerates demand, LNG investment and system transformation

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Oil Slumps as US-Iran Reach Initial Peace Deal to Reopen Strait of Hormuz

Inpex’s Ichthys LNG Strike Persists as Fair Work Hearing Gets Postponed

ADNOC Looks to Canada for Upstream and LNG Growth Through XRG

Current News

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

Oil Eases After Topping $100, Still Set for Weekly Rise

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com