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DECEMBER 2020

Russian LNG Shipments To Europe And Asia Leave U.S. Well Behind: Report

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Russian LNG Shipments To Europe And Asia Leave U.S. Well Behind: Report

IMAGE: Sputnik/Sergei Krasnuhov

Russia shipped 17.29 million tons of LNG (liquefied natural gas) to European and Asian markets, the International Group of Liquefied Natural Gas Importers (GIIGNL) said in an annual report.

According to report, Moscow shipped 4.43 million tons of LNG to the 15 European countries including Spain, France, and the Netherlands, while the US shipment to European market was 2.7 million tons. The Russian LNG shipment to Europe grew by 6.4% in comparison with the previous year.

At the same time, 12.86 million tons of Russian LNG was shipped to Asian market last year. Th US import for the same market was 10.73 million tons.

These numbers show why Washington is fiercely working to undermine the Nord Stream 2 gas pipeline from Russia to Germany. If the project is completed, the US share in the European market may decrease even more.

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