Energy
The Independence as a gas market swing supplier
What a difference one ship makes in combination with shifts in production in less than 3 years. It took a bit longer to get from complete reliance on a Russian-controlled energy-monopoly to a competitive market with increased security and interconnectivity. However, the presence of the Independence LNG floating facility in Klaipėda and the return of the USA as an energy independent country and exporter changed dramatically the supply and prices in the gas market. […]