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Europe’s LNG gas imports increase but fall short of 2011 peak

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LNG Industry,


According to the US Energy Information Administration (EIA), imports of LNG to the 28 countries that make up the European Union (EU-28) averaged approximately 5.1 billion ft3/d in 2017, increasing for the third consecutive year but remaining below their 2011 peak.

In 2017, imports of LNG into EU-28 accounted for 13% of the global total. LNG import capacity in EU-28 currently stands at 20 billion ft3/d, or almost one-fifth of the global total, but utilisation of EU-28 LNG import facilities has declined from about 50% in 2010 to between 20% and 25% in recent years as expansions in regasification capacity far exceeded demand for LNG imports.

Currently, 13 of the EU-28 member countries import LNG. In 2017, LNG accounted for 11% of EU-28’s overall natural gas supply.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/25102018/europes-lng-gas-imports-increase-but-fall-short-of-2011-peak/

 

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US LNG news LNG export news LNG import news UK LNG news