First shipment of US LNG reaches Europe

First US LNG shipmentUS LNG: In a move which could lead to continental price wars and reduce Russia’s domination of the European energy markets, the first shipment of US natural gas destined for the EU arrived overnight Portuguese port of Sines last week. The consignment from Cheniere Energy’s Sabine Pass installation in Louisiana was ordered by Portugal’s Galp Energia and will be used to supply consumers on the Iberian Peninsula. 

Source: Tengrinews