7 min listen
US tries to fill gap as Ukraine crisis threatens European gas supplies
US tries to fill gap as Ukraine crisis threatens European gas supplies
ratings:
Length:
26 minutes
Released:
Jan 31, 2022
Format:
Podcast episode
Description
The Russia-Ukraine standoff has significant implications for the global gas and LNG markets, given Europe's reliance on Russian supply. It's peak winter demand season, and European gas inventories have been falling daily. Gas in storage stands at about 40% full, versus 53% full at the same time a year ago. The Biden administration said last week it was working with European allies to find additional natural gas supplies from North Africa, the Middle East, Central Asia and the US in the event military conflict breaks out and Russian flows get disrupted. Platts Atlantic LNG senior editor Harry Weber spoke with Charif Souki, executive chairman of US liquefaction terminal developer Tellurian, about the current state of the LNG market and whether the US dialogue can make a difference. Souki co-founded and formerly served as CEO of Cheniere Energy, the biggest US LNG exporter. At Tellurian, he is developing Driftwood LNG, an up to 27.6 million mt/year export facility in Louisiana. Stick around after the interview for Starr Spencer with the Market Minute, a look at near-term oil market drivers.
Released:
Jan 31, 2022
Format:
Podcast episode
Titles in the series (100)
What can the US crude oil industry learn from Pabst Blue Ribbon?: On this week’s Capitol Crude, Platts senior editors Brian Scheid and Herman Wang compare the ongoing campaign to allow exports of US crude oil to some of the most successful beer marketing campaigns. Despite a glut of US crude and domestic refining cons by Capitol Crude: The US Energy Policy Podcast