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

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

OSV Market: Asia Pacific Downshifts for the Long Haul

Qatar LNG Halt Forces Asia to Seek Alternative Supplies

Oil Up 8% as Middle Eastern War Rages

QatarEnergy Selects Technip Energies JV for North Field West Expansion Work

MISC Secures Long-Term Charter for Papua New Guinea's First FSO

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Low Demand, High Supply Keeps Asia LNG Spot Prices Flat

Following Big Loss in 2025, Oil Steadies

Current News

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Eni Advances Major Deep Water Gas Hubs with Dual FIDs

Eni Advances Angola Gas Project, Secures $9B Credit Facility

TVO Customizes Tethered BOP Technology

Eni: New Gas Discoveries in Libya

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

Iran War Exposes Risks of Fossil Fuel Dependence

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