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In June 2022, the countries of the European Union for the first time in history imported more liquefied natural gas (LNG) from the United States than pipeline gas from Russia, according to Executive Director of IEA Fatih Birol, Trend reports citing TASS. "Russia's recent steep cuts in natural gas flows to the EU mean this is the 1st month in history in which the EU has imported more gas via LNG from the US than via pipeline from Russia. The drop in Russian supply calls for efforts to reduce EU demand to prepare for a tough winter," he wrote on...

European natural gas inventories rose by +115 BCF over past 7 days. EU nat gas storage 58% full. Current inventories at 2215 BCF. 24.3% higher than 1 year ago. EU goal is at least 80% full by Nov 1st for winter.

For the first time ever, the European Union has imported in June more liquefied natural gas (LNG) from the United States than gas via pipeline from Russia, as Moscow slashed supply to Europe earlier this month, Fatih Birol, Executive Director of the International Energy Agency (IEA), said on Thursday. “The drop in Russian supply calls for efforts to reduce EU demand to prepare for a tough winter,” the head of the Paris-based agency added. In April 2022 alone, five European countries—France, Spain, the UK, the Netherlands, and Poland—accounted for 54.1% of total U.S. LNG exports, data from the U.S. Energy...