|Bid||0.00 x 210000|
|Ask||0.00 x 1459000|
|Day's Range||115.68 - 116.73|
|52 Week Range||111.46 - 160.62|
|PE Ratio (TTM)||9.64|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Lithuania received its first spot shipment of liquefied natural gas (LNG) from the United States on Monday, the result of a deal aimed at reducing dependence on Russia and consolidating relations with Washington amid increased tension in the region. Russia's annexation of Crimea in 2014 has spooked the Baltic states, once ruled from Moscow but now members of both NATO and the European Union. "This is crucially important for the whole region," said Lithuania's Foreign Affairs Minister Linas Linkevicius.
Gazprom said on Monday that new U.S. sanctions against Moscow would not result in the Russian gas exporter having to make changes to key projects, although they could cause delays. Several provisions of the sanctions law signed by U.S. President Donald Trump earlier this month target Russia's energy sector, which produces much of its foreign income, with new limits on U.S. investment in Russian companies. Last month Gazprom said the sanctions might delay some giant gas projects, including Nord Stream 2, Turkish Stream gas pipelines and deepwater, Arctic offshore or shale projects.
Cameroon plans to begin exporting liquefied natural gas later this year using a newly designed offshore plant that analysts say could slash production costs and unlock African reserves not previously considered economically viable. West and Central Africa's Gulf of Guinea has seen a wave of new oil and gas exploration, particularly since Tullow Oil discovered Ghana's huge Jubilee gas field in 2007. A specialised vessel owned by Golar LNG will dock offshore Cameroon's Atlantic coast in the coming weeks for testing.