MNI BRIEF: Dombrovskis: Extended Debt Plan Would Help Germany

MNI BRIEF: EC Reviews Estonia Economic Imbalances

MNI China Daily Summary: Wednesday, December 18

CORRECTS-MNI INTERVIEW: CBRT To Cut 2-3 Times By Feb-Cangoz

MNI BRIEF: China Youth Umemployment Rate Fell In November

MNI CHINA MONEY MARKET INDEX: Easing Expectations Surge

US EIA: CRUDE OIL STOCKS EX SPR -0.93M TO 421.0M DEC 13 WK

MNI: US NOV HOUSING STARTS 1.289M; PERMITS 1.505M

MNI: US Q3 CURRENT ACCOUNT GAP -$310.9B

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

LNG: France Pulling in Record Russian LNG in 2024

LNG
Energy BulletsBulletPower BulletsCommodities

France’s LNG imports from Russia have surged to a record this year since supplies began in 2018 according to Bloomberg vessel tracking.

  • Europe has increasingly relied on Russian LNG imports to try and fill the gap left by Nord Stream flows ceasing in late 2022.
  • France and several other European Union member states are set to call for stricter tracking of Russian LNG imports to help phase out reliance on Moscow’s supplies.
  • Higher Russian LNG imports are occurring even as France’s total imports of the fuel decline. It’s part of a broader pattern across Europe amid the high costs of procuring LNG, greater demand from buyers in other regions, and weakened industrial consumption.

 

Keep reading...Show less
112 words

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.

France’s LNG imports from Russia have surged to a record this year since supplies began in 2018 according to Bloomberg vessel tracking.

  • Europe has increasingly relied on Russian LNG imports to try and fill the gap left by Nord Stream flows ceasing in late 2022.
  • France and several other European Union member states are set to call for stricter tracking of Russian LNG imports to help phase out reliance on Moscow’s supplies.
  • Higher Russian LNG imports are occurring even as France’s total imports of the fuel decline. It’s part of a broader pattern across Europe amid the high costs of procuring LNG, greater demand from buyers in other regions, and weakened industrial consumption.

 

Keep reading...Show less