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How the Recoil From Russian Gas Is Scrambling World Markets



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Mr. Di Odoardo figures that L.N.G. flows from the United States to Europe have already reached two-thirds of the bilateral target for this year, and so reaching it should be “easy.”Washington has also leaned on other countries, including Japan, to give up some of their cargoes, and this has led to a substantial drop in shipments heading to Asia from the United States, according to analysts. Over time, though, such generosity may be a harder sell, especially if the war in Ukraine continues indefinitely and markets tighten further.“Under the current conditions, I don’t think that Japan has the room to commit to long term, continuous L.N.G. shipments,” said Michitaka Hattori, …

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