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US LNG: What it Means for Europe and Gazprom

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US LNG loadings could begin at Sabine Pass this month and the first vessels arrive in Europe and Asia a fortnight or so later. This has been one of the hottest topics to engage the attention of the trade press, consultants and policy makers for several years.

But as the start date approaches, it is unknown what sort of a reception awaits the cargoes in Europe, or even if they will arrive in large numbers at all.

http://www.naturalgaseurope.com/us-lng-what-it-means-for-europe-28020

The author rightly focuses on economics. Just as important is the security of Europe from having more than one source for supplies. It isn't good to have Russia in a position to choke off supplies. Knowing that it could lose its market permanently is a good thing to have on the Russian mind.

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