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Gold/Mining/Energy : Big Dog's Boom Boom Room

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E_K_S

To: E_K_S who wrote (202057)	7/22/2021 1:38:53 PM
From: Elroy Jetson	1 Recommendation of 206084

Russia’s Gazprom has set the average natural gas export price to $240 per 1,000 cubic metres in 2021. - reuters.com This price is $6.79 per 1,000 cubic feet which is comparable to LNG prices. - eia.gov If US LNG suppliers are willing to commit to long term benchmarked-price contracts with European utilities, that's certainly available. In recent years the US has revealed that radically shifting US policy can be a potential political risk for Europe, similar to the risk associated with natural gas from Russia. It makes a lot of sense for Europe to have several major natural gas suppliers to minimize the risk of any of them playing political games.

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