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Record Gas Prices Could Speed Up Launch of Russia’s Nord Stream 2 Pipeline
The Nord Stream 2 pipeline, which would help Moscow to bypass political foe Ukraine in transiting gas to European markets, doubles Russia’s annual gas export capacity.
Oil Prices Climb After Drawdown in US Stocks
Brent hit its highest levels since late July and WTI since early August.
Freeport Texas LNG Export Plant Starts to Exit Outage
Energy traders said that likely means the plant was returning to service. LNG facilities liquefy natural gas into super-chilled LNG and also use the gas to fuel operations.