Europe’s plan to turn off Russian gas faces LNG bottlenecks

The Asia Vision LNG carrier ship docked at the Cheniere Energy terminal in Texas.

Europe’s ambitious plan to walk away from Russian natural gas and replace a chunk of it with tanker-borne imports faces a major obstacle: getting it to where it is needed most without huge price discrepancies.

Even as record amounts of liquefied natural gas (LNG) land on Europe’s shores, the lack of interconnectors from key import terminals in the west means gas can not easily reach countries in the east that are more reliant on pipeline supplies from Russia.