Writes about this The Wall Street Journal.
As noted, thanks to the warm weather at the beginning of winter, gas in the United States is now about 10 times cheaper than in Europe.
In addition, according to the publication, Chinese companies are again turning to the United States to import LNG after the trade wars under the ex-President of the United States, Donald Trump.
Thus, only in October and November of this year, Chinese companies signed four long-term contracts for the purchase of gas from the United States.
As it is emphasized, in Europe, the situation is also favorable to increased demand for American LNG, as tensions around Ukraine "worsen the prospects for Russian gas."
On Monday, December 20, the price of gas on the European market for the first time since the beginning of October rose above $ 1,700 per 1,000 cubic meters.
Read more in the material RT.