Comments by "Valen Ron" (@valenrn8657) on "Western duplicity on Russian imports exposed, EU says won't ban energy imports | WION" video.
-
The United States remained Europe’s top supplier of liquefied natural gas (LNG) in the first 3 months of 2021 as it continued to gain market share at the expense of Russia and Qatar, Europe’s second- and third-largest sources of LNG, according to the EU Commission’s latest European Gas Market Report.
The US supplied 24% (4.2 Bcm) of the EU’s overall LNG imports (17 Bcm in Q1 2021); Russia placed second at 21% (3.7 Bcm); and Qatar was third at 18% (3.1 Bcm), the EU Commission reported in early July.
When compared to Q4 2020, the US picked up 2% market share from January to March this year, while Russia bested Qatar to become Europe’s second-largest LNG supplier. Nigeria placed fourth, followed by Algeria and Trinidad and Tobago.
A review of EU Commission reports dating back to 2019 reveals a steady quarter-to-quarter decline in Europe’s LNG purchases while it also documents the growing rivalry between the US and Russia, Qatar’s fall from dominance, and the emergence of the US as Europe’s top LNG supplier starting Q4 2019.
The EU is the world’s third-largest LNG market, though its imports amounted to only about half that of Japan (36 Bcm) and China (32 Bcm) in Q1 2021.
European gas consumption rose 7.6% to 132 Bcm in Q1 based on a year-on-year comparison. The commission noted that demand for gas as fuel to generate electricity rose 3.4%, also year-on-year (increasing by 4.9 TWh.)
2
-
2
-
1
-
1
-
1
-
1
-
1
-
1
-
From Reuters, March 17, 2022
CF Industries boosts U.S. fertilizer shipments as war cuts Russian exports
CHICAGO, March 16 (Reuters) - CF Industries Holdings (CF.N) is increasing fertilizer shipments to both U.S. coasts from the world's largest nitrogen complex in Louisiana to help offset a decline in exports from Russia after it invaded Ukraine, Chief Executive Tony Will said.
Illinois-based CF Industries leased several vessels to transport more fertilizer, mostly liquid nitrogen, from its complex in Donaldsonville, Louisiana, Will told Reuters. The company can ship products up the Mississippi River to the Midwest and load vessels to sail downriver through the Gulf of Mexico to tanks on either coast.
"Historically a fair bit of Russian imports have come particularly to the East Coast, and we're trying to make up for that lack of availability by moving our tons over there," Will said.
Russia has previously accounted for 15% of U.S. nitrogen imports, said the Fertilizer Institute, an industry group.
CF Industries has five U.S. nitrogen manufacturing complexes, along with plants in Canada and the United Kingdom. The company's ability to increase production is limited because it tries to operate plants at their maximum rate all year, Will said.
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
@michaelangelo5580
The United States remained Europe’s top supplier of liquefied natural gas (LNG) in the first 3 months of 2021 as it continued to gain market share at the expense of Russia and Qatar, Europe’s second- and third-largest sources of LNG, according to the EU Commission’s latest European Gas Market Report.
The US supplied 24% (4.2 Bcm) of the EU’s overall LNG imports (17 Bcm in Q1 2021); Russia placed second at 21% (3.7 Bcm); and Qatar was third at 18% (3.1 Bcm), the EU Commission reported in early July.
When compared to Q4 2020, the US picked up 2% market share from January to March this year, while Russia bested Qatar to become Europe’s second-largest LNG supplier. Nigeria placed fourth, followed by Algeria and Trinidad and Tobago.
A review of EU Commission reports dating back to 2019 reveals a steady quarter-to-quarter decline in Europe’s LNG purchases while it also documents the growing rivalry between the US and Russia, Qatar’s fall from dominance, and the emergence of the US as Europe’s top LNG supplier starting Q4 2019.
The EU is the world’s third-largest LNG market, though its imports amounted to only about half that of Japan (36 Bcm) and China (32 Bcm) in Q1 2021.
European gas consumption rose 7.6% to 132 Bcm in Q1 based on a year-on-year comparison. The commission noted that demand for gas as fuel to generate electricity rose 3.4%, also year-on-year (increasing by 4.9 TWh.)
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1
-
1