Geopolitical Economy Report
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US now world's top LNG exporter, as Europe boycotts cheaper Russian gas
Posted
January 5, 2023
Views
13,182
Likes
1,289
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299
January 5, 2023
13,182
1,289
299
12.05%
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29:53Now PlayingThe USA has rapidly become the world's top exporter of liquefied natural gas (LNG), tied with Qatar. Europe replaced Asia as the top market for US LNG in 2022, after pledging to boycott Russian energy over the proxy war in Ukraine.
Europe is now paying significantly more for expensive US LNG than it had been for Russian pipeline gas. As of 2022, Europe had the highest energy prices on the planet, fueling an inflation crisis.
Sources and more information here
Europe angry that US profits from Ukraine proxy war while destroying EU economy
Who sabotaged Nord Stream pipelines? US boasts ‘tremendous opportunity’ to weaken Russia. CIA knew
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