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US exported LNG can't compete with pipeline gas from Russia on price, nor on volume. There is no answer, unfortunately, in US LNG exports to Europe. That's mer
by adventured 5y ago
US exported LNG can't compete with pipeline gas from Russia on price, nor on volume.
There is no answer, unfortunately, in US LNG exports to Europe. That's merely a very small bandaid on a serious energy wound. It's impossible to push US LNG exports high enough to offset the pipeline supply from Russia, no matter what we do.
At best it can relieve a bit of the pricing pressure while Europe figures out something else (nuclear, bolstering their own natural gas production, increased renewables).