Rodmac41
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By Rhod Mackenzie
China’s resale to Europe of some of the liquefied natural gas (LNG) supplied by Gazprom’s Portovaya liquefaction complex is quite possible if EU countries face a cold winter, Igbal Guliyev, deputy director of the International Institute of Energy Policy and Diplomacy at MGIMO, told RIA Novosti.
The Vedomosti newspaper reported on Thursday, citing data from the Kpler analytics company, that Gazprom has begun supplying LNG to China from the Portovaya compressor station in the Leningrad region. The latest gas tanker left for China via the Northern Sea Route in mid-August.
“As for direct deliveries from Portovaya, delivery times need to be taken into account, because soon, given the ice conditions, tankers will no longer sail the Northern Sea Route, but will sail through Europe, which will increase the delivery time. And if Europe faces a cold winter, the reserves in underground gas storage facilities will not be enough, and it is possible that tankers bound for Asia will be bought back for European buyers ,” the analyst said.
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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
the EU people deserve to freeze to death as long as the people refuse to rise up against the EU Nazi dictators
I agree with you! BTW it looks likely its going to be a tough winter in Europe after last year’s mild one. That will focus the minds.
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Very good opportunity to make them TheWest behave like adults:
We sell this but you will cease and desist of making the world ashamed of yours…or else!