May 21, 2024 11:41 GMT
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.
Source: Bloomberg
Keep reading...Show less
58 words