MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI: PBOC Net Injects CNY13.8 Bln via OMO Monday

MNI BRIEF: PBOC Increases Gold Reserves

CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Lithuania to Call for EU Ban on Russian LNG at Minister Meeting

LNG

Lithuania will call for an EU ban on Russian LNG imports at a meeting of energy ministers on Monday according to Montel citing a senior EU diplomatic source.

  • Lithuania will raise the issue under any other business so ministers are not required to debate it in detail.
  • The ban is “not a hot item” for most of the 27 EU countries as the EU still needs Russian LNG, said the source.
  • “Lithuania is right to remind us that [LNG imports] are still happening,” said the source.
  • The overall supply trajectory is decreasing with end dates to private import contracts, said the source. The bloc is committed to phase out Russian fossil fuels.
  • Total Russian pipeline gas and LNG imports fell from 150bcm in 2021 to 80bcm in 2022 and 43bcm in 2023. The Russian share on EU imports has fallen from 45% in 2021 to around 15% in 2023 although Russian LNG imports remain stable at around 20bcm in both 2022 and 2023 according to Kpler.
Energy BulletsPower BulletsCommodities
Energy BulletsPower BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.