OilPrice
The European Union could phase out all Russian natural gas purchases within a year, U.S. Energy Secretary Chris Wright said earlier this month. In fact, he said, the EU could switch from Russian gas to U.S. LNG in as little as six months. Yet there is a problem with this…
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Cheap Russian LNG Keeps Flowing Despite EU Promises
The European Union could phase out all Russian natural gas purchases within a year, U.S. Energy Secretary Chris Wright said earlier this month. In fact, he said, the EU could switch from Russian gas to U.S. LNG in as little as six months. Yet there is a problem with this…