Gazprom sates China demand at US expense?
China’s ever-increasing demand for gas imports is making the country an attractive customer for Russia’s Gazprom. This could be at the expense of the US, which might be forced to pay higher prices in the shorter term until its shale industry is up and running, say analysts.
In mid-February, Gazprom shipped 1 million tonnes of liquefied natural gas (LNG) to China, because the US gas market was economically unattractive, according to director general of OOO Gazprom Export, Alexander Medvedev.
“We
More on Gas/LNG
Energy Risk at 30: Learning from the past
Energy Risk looks back at the seminal events and developments that have shaped today’s energy markets
Natural gas/LNG house of the year: ENGIE
Energy Risk Awards 2025: Energy firm signs a string of innovative deals in established and fledgling gas markets
Natural gas/LNG house of the year: ENGIE
ENGIE continues to expand its services to better serve firms in Apac dealing with the challenges of energy risk management and supply
Market shrugs off EC’s plan to change gas benchmark
Dutch TTF prices unmoved, as market participants say they are “not taking it seriously”
Natural gas/LNG house of the year: Engie
Energy Risk Awards 2021: In a volatile market Engie continued to grow its gas and asset management businesses
Dynamic gas models make for better hedges
Study highlights dwindling role of weather in market
Short term, LNG view
Excitement over fast-growing LNG markets shouldn't blind us to the potential risks
