With Europe relying on Russia for around 35% of its natural gas, the increasing geopolitical tensions between Russia and the West have continued to disrupt supplies, says an analyst. Any further sanctions on Russia from the US are likely to further impact supplies, says Thanos Felios, LNG Analyst at Simpson Spence Young (SSY), the world’s .
With Europe relying on Russia for around 35% of its natural gas, the increasing geopolitical tensions between Russia and the West have continued to disrupt supplies, says an analyst.
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As European gas prices continue to make headlines across the world, SSY LNG analyst Thanos Felios looks at what’s behind the rise of LNG prices and the impact this has on the LNG Shipping market. Supply from Russia With Europe relying on Russia for around 35% of its natural gas, the increasing geopolitical tensions between .