The EU’s race to replace Russian pipeline gas lies behind the unprecedented surge, according to Refinitiv Imports of liquified natural gas (LNG) by global consumers in 2022 totaled 409 million tons, compared to 379.6 million tons in the previous year, according to data from Refinitiv, as cited by Reuters.
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A cessation of hostilities in Ukraine ordered by President Vladimir Putin on the eve of Orthodox Christmas took effect on Friday morning. Russia intends to observe the truce for 36 hours, from 12:00 local time on January 6 until midnight on January 7.
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