TOKYO -- A harsh winter and reduced inflows of Russian natural gas have driven up the price of the fuel in Europe, with the increase likely to have a delayed impact on the Asian market.
Chinese and other Asian importers are reselling LNG to EU buyers
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A gas storage facility in Germany. Europe's gas storage levels have dropped below 50% of capacity. © Reuters
TOKYO -- A harsh winter and reduced inflows of Russian natural gas have driven up the price of the fuel in Europe, with the increase likely to have a delayed impact on the Asian market.