Nord Stream 2 Gas Pipeline Edges Closer to Completion as Broader US Sanctions Come Into Effect

The EU imported4

The EU imported the highest ever volume of LNG in 2019 at 108 billion cubic meters, marking 27% of total gas imports and 22% of the EU’s gas consumption, according to the European Commission. The gas market report showed that Qatar supplied 30 bcm of LNG to the EU in 2019, followed by Russia with 21 bcm and the US with 17 bcm.

Russian pipe-laying vessel Akademik Cherskiy, which is expected to be used to finish the Moscow-led Nord Stream 2 gas pipeline project within the next few months, is approaching the German Baltic Sea port of Sassnitz where it is expected to dock tomorrow morning, according to shipping website Vesselfinder.

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