February 24, 2025 18:43 GMT
NATGAS: Trump & Putin Competing Interests Over Gas: LEF
NATGAS
Trump and Putin have opposing interest regarding gas, with any relaxation in flows from the latter at the expense of the former, Michael Stoppard, Global Gas Strategy Lead told the LEF.
- The outlook for Russian and US gas depends on the priorities of the Trump administration.
- “Last week it was thought that There would be a strong push to get LNG into global market. A week later the narrative changed, and priority became peace deal In Ukraine,” Stoppard said.
- While it is very early stage and there are no clear details, there is speculation that a peace deal in Ukraine could involve some return of Russian gas to the market.
- “The horse trading will play out in negotiations,” Stoppard said.
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