Europe’s LNG gas imports increase but fall short of 2011 peak
Published by Will Owen,
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/lng-shipping/25102018/europes-lng-gas-imports-increase-but-fall-short-of-2011-peak/
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