France was the top destination for US LNG cargoes in March as Europe began refilling storage after inventories bottomed out and as Russia’s war in Ukraine raised fears of pipeline gas disruptions. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Spain was a close second, followed by the UK, an April 4 analysis of trade flow data by S&P Global Commodity Insights showed. Russia’s threat to cut off gas to countries that have sanctioned it over its invasion of Ukraine, if they refuse to pay in rubles, has caused concern about security of supplies. Western countries have insisted that they will continue to pay for Russian gas in euros or dollars. About 75% of all US LNG cargoes delivered in March landed in Europe and Turkey, compared with about 44% of US LNG cargoes landing in Europe during the same month a year earlier. The […]