Gazprom Delivers First LNG Cargo to Italy Amid Rising Sea-Borne Exports
(Reuters) — Russian energy giant Gazprom has delivered its first cargo of liquefied natural gas (LNG) to Italy from LNG Portovaya plant on the Baltic Sea, LSEG data showed on Wednesday.
Russia's pipeline gas supplies to Europe plummeted since 2022 after the military conflict in Ukraine, while sea-borne LNG supplies have been on the rise.
According to the LSEG data, gas carrier Cool Rover arrived to FSRU Toscana terminal in the port of Livorno on Tuesday. Gazprom has not replied to a request for comment.
Russia's Yamal LNG plant has already supplied several cargoes to Italy over the past few years, according to LSEG database.
Small-scale plant LNG Portovaya, with annual capacity of 1.5 million metric tons, started operations in September 2022. First cargoes from the plant were supplied to Turkey, Greece and China.
In March, Gazprom also supplied its first LNG cargo to Spain.
Russia's January to November overall exports of LNG increased by 4.7% from a year earlier to 29.1 million metric tons with just over half going to Europe, according to LSEG.
Related News
Related News
- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Panama Canal Considers Pipeline to Move U.S. Gas to Asia
- Gazprom’s Grandeur Fades as Europe Moves Away from Russian Gas
Comments