Natural Gas news and market movers: Russia on the move
- Russia is going around the Arctic Sea quicker than expected, with Liquefied Natural Gas (LNG) tanker Eduard Toll passing through the Northern Sea Route. This is the quickest way for Russia to get LNG to Asia.
- Norwegian network operator Gassco reported an outage at the Hammerfest LNG Plant on Monday, according to Bloomberg. Although the outage should be solved during the day, it again shows how unreliable the current Gas flows from Norway into Europe are.
- Japan is buying into Texas shale Gas, with Mitsui & Co Limited, buying some acres to excavate for drilling. The site should be operational by 2026
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