Daily Energy Report

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Daily Energy Report

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Daily Energy Report

US LNG exports, oil production in Iraqi Kurdistan, US crude oil inventories, offshore oil activities, Russian crude exports, energy security, and more

A F Alhajji
Mar 29, 2023
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Daily Energy Report

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CHART OF THE DAY

Figure (1)

Commentary:

Figure (1) above shows US LNG exports by destination in billion cubic feet per (bcf) month.  With respect to the shift in exports from Asia to Europe, it preceded Russia’s invasion of Ukraine when Germany decided to stop receiving any gas supplies via the newly commissioned Nord Stream 2 pipeline. The chart also shows that record shipments were made immediately following the Russian invasion in March 2022.  

EOA’s Main Takeaway:

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