Skip to main content

US LNG imports could undermine Gazprom's position

Published by
LNG Industry,

Reuters are reporting that imports of LNG from the US could significantly undermine the dominant position on the European gas market of Russia's Gazprom. Poland's minister responsible for oil and gas infrastructure announced the warning on 30 May.

Poland imports most of the gas it consumes from Russia's state-controlled Gazprom, which supplies a third of the EU's gas.

As part of its plan to reduce that reliance, Poland has built its first LNG terminal. The country has long-term contracts on LNG supplies with Qatargas and also has started LNG purchases on the spot market.

In June it expects to receive first US LNG spot delivery.

The US is expected to become the world's third-largest exporter of LNG next year.

Read the article online at:

You might also like

LNG Industry Spotlight with EM&I Group

LNG Industry’s Assistant Editor, Sarah Smith, recently spoke to Danny Constantinis, Executive Chairman and CEO of EM&I Group, to discuss EM&I Group's recent article in LNG Industry magazine.


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

US LNG news


LNG Industry is not responsible for the content of external internet sites.