EU's Gas Supply in August: Norway and US Dominate with 62% Market Share

More than 11% of total EU gas imports came from Russia (With 6 charts)

The more China relies on Russian piped gas, the less competition between Asia and Europe for LNG.

Source: CNBC, 2022.

European gas storage injections remained strong in August, reaching 77.5% by month-end, up nearly 10 percentage points from July. Despite this progress, inventories remain below the five-year average (see Figure 1).