USA has become a lucrative Russian gas

92

Photo: Dmitry Rogulin / TASS

Gas prices in the US soared more than 40 percent and peaked in 2014 — $ 125 per thousand cubic meters. In these circumstances, the supply of Russian liquefied natural gas (LNG) to the American market be more than beneficial, writes “Kommersant”.

It is noted that the price increase occurred amid expectations of cold weather in the North-Eastern part of the country. Another reason is the low gas reserves in us stores since 2005.

According to the assessment of interviewed experts, the supply of liquefied gas from the US at current prices to the world markets unprofitable.

In this situation the American market may become premium for Russian LNG project NOVATEK “Yamal LNG”, given that in the past year, such supplies were already.

According to market participants, the margin on the sale of gas in the US at current prices higher than in Europe.

However, experts believe that the surge of prices in the American market will not be long-term. According to forecasts, this situation is unlikely to last more than three months.

Video, photo All from Russia.

LEAVE A REPLY

Please enter your comment!
Please enter your name here