LNG supply

EU’s Plan to Reduce Reliance on Russian Energy is Missing LNG Sanctions, Bruegel Says

EU’s Plan to Reduce Reliance on Russian Energy is Missing LNG Sanctions, Bruegel Says

While the European Union has been working more than a year to replace Russian pipeline gas and decrease the country’s influence on the European economy, imports of Russian LNG have been ticking upward. The EU may need further sanctions on LNG if it’s serious about kicking Russian fossil fuels, according to a European think tank.…

July 5, 2023
Venture Global Signs Largest U.S. LNG Supply Deal on Record with Sinopec

Venture Global Signs Largest U.S. LNG Supply Deal on Record with Sinopec

Venture Global LNG Inc. has reached a deal to sell nearly 8 million metric tons/year (mmty) of liquefied natural gas (LNG) to China Petroleum & Chemical Corp., aka Sinopec, in deals representing the largest supply agreement ever signed by a U.S. gas exporter.  The 20-year deals, publicly announced on Thursday, also represent the largest supply…

November 4, 2021