Belgium became wholly dependent on Russia for imports of liquefied natural gas last month as the war in the Middle East caused a slump in supply to Europe. Most buyers on the continent have been holding off from purchasing LNG for winter stockpiling due to stubbornly high gas prices caused by the disruption to shipping through the Strait of Hormuz. While Belgium’s imports from Russia were also lower than earlier this year, the figures complicate energy policy in the European Union, which has imposed a ban on Russian LNG starting next year. bloomberg.com/news/articles/…

Belgium became wholly dependent on Russia for imports of liquefied natural gas last month as the war in the Middle East caused a slump in supply to Europe. Most buyers on the continent have been holding off from purchasing LNG for winter stockpiling due to stubbornly high gas prices caused by the disruption to shipping through the Strait of Hormuz. While Belgium’s imports from Russia were also lower than earlier this year, the figures complicate energy policy in the European Union, which has imposed a ban on Russian LNG starting next year. bloomberg.com/news/articles/…

Source:https://x.com/staunovo/status/2084271765170139617