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To: E_K_S who wrote (202057)7/22/2021 1:38:53 PM
From: Elroy Jetson1 Recommendation

Recommended By
E_K_S

  Respond to 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.




To: E_K_S who wrote (202057)7/22/2021 1:48:12 PM
From: kidl  Read Replies (1) | Respond to of 206084
 
This article provides more info. It also touches on the pricing issue.

forbes.com

and here is an article disputing any savings:

polygraph.info

I am clueless as to which numbers are correct.

Edit: I see Elroy just posted more up to date pricing info.