The US' limited reach
Deliveries from Sabine Pass to northwest and eastern Europe have begun, but don't hold your breath for an avalanche of North American supply
he arrival on 7 June of the first US liquefied natural gas cargo at Poland's Świnoujście terminal was hailed by the country's leaders as another milestone in efforts to reduce its dependence on Russian gas. But the quantity imported into Poland—and the rest of Europe—in future will be an outcome of market forces, not political strategy. The Gate terminal in the Netherlands also received its first cargo from Cheniere Energy's Sabine Pass plant in Louisiana on 8 June—the first US delivery ever into northwest Europe. But the cargo was only taken to replace a delivery from Statoil's LNG production facility at Snøhvit, Norway, which was closed for maintenance between 12 May and 18 June. For the s
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks