Liquefied natural gas projects in the US will be able to make up for any supply shortfalls if countries refuse to accept any Russian LNG cargos, according to an analysis carried out on seaborne gas trade this month.

Vivek Srivastava, senior trade analyst at UK-based VesselsValue consultancy, said Russia’s Yamal and Sakhalin regions accounted for 6% - or 2 million cubic metres - of global LNG exports over the past 12 months, a volume that can easily be met by boosting US exports.