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LNG Now Accounts for 54% of Global Gas Trade: CEDIGAZ

LNG

The global LNG trade now make up around 54% of the global gas trade, according to CEDIGAZ, cited by Bloomberg.

  • LNG now constitutes 37% of Europe’s gas supply, compared to 32% in 2022.
  • Meanwhile, Russia’s pipeline flows to Europe are now just 7% of Europe’s total gas supply, compared to 14% in 2022 and 30% in 2021.

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The global LNG trade now make up around 54% of the global gas trade, according to CEDIGAZ, cited by Bloomberg.

  • LNG now constitutes 37% of Europe’s gas supply, compared to 32% in 2022.
  • Meanwhile, Russia’s pipeline flows to Europe are now just 7% of Europe’s total gas supply, compared to 14% in 2022 and 30% in 2021.

Keep reading...Show less