Removing Russian energy supply from Europe is equivalent to taking China out of the LNG market, Poten & Partners forecasting manager Kristen Holmquist said after Gazprom announced it is cutting gas supplies to Poland and Bulgaria.
Speaking in a webinar, Holmquist said Russia’s share of Europe’s energy needs now equates to about 77m tonnes of LNG equivalent volumes or around 20% of LNG export market which Poten is forecasting for 2022.
