Daily Energy Report
France imports Russian LNG at expense of US, Refining on US west coast, Panama Canal expensive, Saudi petrochemical push, China climate goals meet reality, Saudis commit to crude capacity, and more.
Chart of the Day: France Reduces its LNG Imports from the US as It Imports More from Russia!
Summary
Figure (1) above plots France’s LNG imports from the US against that of Russia. Despite all the rhetoric against Russia, France’s LNG imports from Russia have been increasing while its imports from the US have been decreasing.