EU pays Moscow 60 million euros as Russian LNG purchases jump
Higher Russian LNG buying increases supply flow of liquefied natural gas into Europe.
Source →The trace
How it reaches your house.
Starting from Freeport LNG Development LP, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
BP plc →Prices easeNatural gas wellhead production
Higher Russian LNG inflows into Europe add gas supply and should put downward pressure on natural-gas prices, easing BP's gas-input market despite only moderate substitutability and a 3.5% share.
43% confidenceFreeport LNG Development LP →Prices easeMore Russian LNG flowing into Europe eases LNG market tightness, which can slightly lower Freeport's natural-gas feedstock cost.
29% confidenceHop 2
Natural Gas (Roasting Fuel) →Stands to benefitThe surge in Russian LNG purchases directly benefits Russia as a listed 16% supplier of this natural-gas input, increasing export volume and revenue.
81% confidenceNatural gas wellhead production →Stands to benefitRussia accounts for 17% of this production node's supply shares, so a jump in EU purchases of Russian LNG should lift Russian export receipts and utilization.
72% confidence