joachim kohler
The document claims that supply interruptions "related to Russia's invasion of Ukraine" had a major effect on American energy exports, especially LNG and crude oil.
In terms of LNG, U.S. exports have moved significantly to European nations as Russia has reduced the supply of natural gas flowing through its formerly dominant pipeline system. With the notable exception of a decrease in exports to China, crude oil exports increased more widely across all destinations.
According to research, China's decline in U.S. energy imports in 2022 likely reflects a switch to imports from other sources, such as Russia, as well as declining demand because of China's slower economic growth," the study reads.
source: reuters.com
In terms of LNG, U.S. exports have moved significantly to European nations as Russia has reduced the supply of natural gas flowing through its formerly dominant pipeline system. With the notable exception of a decrease in exports to China, crude oil exports increased more widely across all destinations.
According to research, China's decline in U.S. energy imports in 2022 likely reflects a switch to imports from other sources, such as Russia, as well as declining demand because of China's slower economic growth," the study reads.
source: reuters.com