Russia's recent steep cuts in natural gas flows to the EU mean June is the first month in history in which the bloc has imported more US gas via liquified natural gas (LNG) than via pipeline from Moscow. US Natural Gas Spot CFD: {chart} That’s according to Dr Fatih Birol, the executive director of the International Energy Agency (IEA) – who also warned on Thursday that a drop in supplies calls for efforts to reduce EU demand and prepare for a tough winter. “According to Natural Gas Monthly and Energy Information Administration (EIA) estimates for April 2022, the United States shipped 74% of its LNG to Europe during ... (full story)