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FacebookTwitterEmailLinkedin According to the latest Intermodal weekly market report, the European Union’s strategy to phase out Russian gas imports is facing growing pressure as tightening global LNG supply, geopolitical disruptions and low storage levels continue to reinforce Europe’s dependence on imported LNG, including Russian cargoes. In recent years, the European Union has intensified efforts to reduce its dependence on Russian gas through the development of a credible exit strategy. Following Russia’s full-scale invasion of Ukraine in 2022, Brussels introduced successive sanctions packages, diversification roadmaps and increasingly turned to US LNG as its key supplier, with American cargoes accounting for more than 60% of EU LNG imports by 2026, up from 29% in 2021. RelatedNews Wind propulsion moves to the mainstream as industry momentum builds Wartsila: Key trends surrounding hybrid vessels var jnews_module_21373272_0_6a0d7127344ca = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21373272","include_category":"","exclude_category":"","include_author":"","include_tag":"36,3436,1730,1582","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"d
Intermodal: Hormuz situation boosts Russian LNG imports
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