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Business > Foreign Business
US biggest winner amid world energy chaos – experts
By Global Times
Sep 13, 2022 12:03 am

AMID fears of an indefinite cutoff of Russian gas flows through the Nord Stream 1 pipeline, the European Union will have to ramp up imports of liquefied natural gas (LNG) from alternative supplies in the run-up to the coming winter, making the US conspicuously the biggest winner in the Russia-Ukraine crisis, according to experts.

Meanwhile, a shift in European demand from Russian pipeline gas to LNG has already led to a surge in orders for LNG carriers, leading to a record number of orders being placed this year.

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