Shipments from across the Atlantic fell behind those from Moscow in May for the first time in nearly two years, data shows Europe’s gas imports from Russia overtook supplies from the US in May for the first time in almost two years, the Financial Times has reported, citing data from the consultancy ICIS. Last month, shipments of liquefied natural gas (LNG) from the US reportedly accounted for 14% of the entire supply to the region, marking the lowest since August 2022. Meanwhile, Russian pipeline gas along with LNG supplies made up 15% of total supply to Europe, defined as the EU, UK, Switzerland, Serbia, Bosn
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