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

Aker Solutions Lands Major Role in Qatar’s Offshore Oil Field Revamp

Valaris Secures $600M in New Contracts as Backlog Rises to $4.8B

Production Restart at Australian Offshore Fields Boosts Jadestone's Oil Output

Aramco Targets Hormuz Bypass with East-West Pipeline Expansion

Aramco Third Quarter Profit Up 35% Despite War Disruptions

Seadrill Secures Offshore Drilling Deals Across Four Countries

Höegh Evi, PETROS to Develop Kuching LNG Terminal in Malaysia

Qatar-Linked LNG Tankers Resume Hormuz Transits

Eni and Petronas JV Extend Drilling Backlog for Ventura Offshore’s Semi-Sub Rig

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

Current News

Velesto’s Jack-Up Rig Up for Drilling Job with Petronas

Tender-Assist Rigs: Southeast Asia’s Quiet Workhorses Head for Full Utilization

Aker Solutions Lands Major Role in Qatar’s Offshore Oil Field Revamp

TotalEnergies Inks 15-Year LNG Supply Deal with China's Jiangsu Guoxin

Baker Hughes Sets Up Global Network to Bolster Mature Oil and Gas Fields Production

Valaris Secures $600M in New Contracts as Backlog Rises to $4.8B

Production Restart at Australian Offshore Fields Boosts Jadestone's Oil Output

Aramco Targets Hormuz Bypass with East-West Pipeline Expansion

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

Shell to Exit Australia's North West Shelf Project in $1.45B Deal with XRG

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