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Increased LNG Imports Cover Missing NS1 Flows

LNG

Increase in LNG imports into European partly covers the halt to Nord Stream flows.

  • Net LNG import into NW Europe have averaged 22mcm/d higher at 216mcm/d since the halt to Nord Stream compared to 194mcm/d in the week prior. Before the recent stoppage Nord Steam was flowing about 31mcm/d and
  • 15 more LNG cargoes are current expected to arrive in to NW Europe between now and Sep 17.

Source: Bloomberg

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