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

Valeura Finds New Oil Near Manora Field in Gulf of Thailand

TPAO Eyes Karabakh Offshore Expansion with SOCAR

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Saipem Bags Commissioning Contract for Türkiye-Bound FPU

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

Inpex Starts Construction of Indonesia's Abadi LNG Project

Hormuz Traffic Falls to Five-Week Low as Tensions Escalate

ADNOC Launches Global LNG Trading Powerhouse

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

Current News

PTTEP Gets Thai Approval for Offshore Stake Transfer to Valeura Energy

Valeura Finds New Oil Near Manora Field in Gulf of Thailand

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Santos Expands LNG Portfolio with Asia, Canada Deals

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

TPAO Eyes Karabakh Offshore Expansion with SOCAR

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Greater Sunrise Gas Production Pushed Back to 2034

SED Energy Holdings and Ventura Offshore Set to Combine Ops

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