Failure of US bid to flood Europe with Gas from Fracking

With so much anti Russian hysteria US officials overlooked the price difference. Gas shipped from the first US LNG export terminal was at one point priced in Rotterdam at $7.85 to $8.35 per mbtu while the average Euro price was $ 5.35

The Free

 by TheFreeOnline      A few months ago US officials were openly boasting that they would steal the market for Russian gas in Europe by replacing it with their own LNG now flowing from the devastated fracking fields of America.

But in recent weeks not a single cargo of Frack Gas has reached Europe..What went wrong?

It seems that with so much anti Russian hysteria  they overlooked the price difference. . Gas shipped from the first US LNG export terminal was at one point priced in Rotterdam at $7.85 to $8.35  per mbtu  while the average Euro price was $ 5.35, (May 2017 European price , see Climate-lethal US frack-gas Footnote 3 ) . Even the rabidly anti Russian Baltic Republics seem to have shut up about bashing Putin with US gas, while Rotterdam has signed up as the trans-shipment center for cheap LNG from the new Russian LNG plant…

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