Following a record month for physical LNG imports in April due to historic price spikes, monthly European receipts decreased in May as limitations in downstream transport pressured local hub prices, an analysis of S&P Global Commodity Insights data showed. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now As Europe grapples with the problem of replacing lost pipeline supply from Russia, limited inland transportation infrastructure had a part to play in the global dynamic during the month, with some participants deterred from targeting discounted markets as a result. Across S&P Global’s assessed hubs — France, Spain, Italy, Belgium, the UK and the Netherlands — a total 8.45 million mt of LNG, or 11.661 billion cu m of natural gas equivalent, was imported in May. This represented a 17.9% drop month on month, but also rose a third on the year, and the eighth consecutive […]