European shipyards are providing vital servicing contracts to vessels carrying Russian liquefied natural gas, sustaining a trade that Kyiv says is funding the Kremlin’s war on Ukraine. Meanwhile, a new analysis of the latest trade data shows that imports of Russian LNG to the EU rose last year,

Investing.com -- If Russian gas were to flow into Europe again, Asia stands to gain, as per analysts at Morgan Stanley (NYSE: MS ). The return of Russian pipeline gas or Arctic LNG to the European market would ease global competition for liquefied natural gas, leading to lower LNG prices.

The European Union still imports about 13% of its gas from Russia and the European Commission is preparing legislation to encourage member states to phase it out. Source: European Pravda citing European Commission spokesperson Anna-Kaisa Itkonen Details: During the European Commission's daily briefing,