LNG news in Europe

The first ever ship bunkering at Hamina LNG terminal has been successfully completed. In co-operation with Rohe Solutions and Glander International Bunkering.

The EU's extension of its Emission Trading Scheme to shipping and potential inclusion of LNG in its Carbon Border Adjustment Mechanism could lead to bifurcation of the global LNG market, with Wood Mackenzie suggesting that high carbon taxes, particularly on methane emissions, are necessary for effective decarbonisation.

Oil and gas industry exhibits resilience as contract value sustains despite 22% drop in contract volume during 2023, reveals GlobalData.

In 2023, Adriatic LNG sent 8.5 billion m3 of gas into the national pipeline network, the highest annual value ever recorded, covering approximately 14.5% of Italy's total gas consumption and over 50% of national LNG imports

Meralco PowerGen Corp., Aboitiz Power Corp., and San Miguel Global Power Holdings Corp. are launching the Philippine’s first and most expansive integrated LNG facility in Batangas.

Gasum will open a new filling station in Vänersborg, Sweden, in March 2024, in co-operation with Centralen.

In our recent February issue of LNG Industry, Harshita Dhyani, Junior E&P Analyst, Rystad Energy, provides insight into the role LNG could play in Europe and the Mediterranean’s undertaking for energy security amidst geopolitical tensions throughout the region.

Deutsche ReGas has started trial operations for the German Baltic Sea energy terminal in the Mukran industrial port.

Titan has recently executed an LNG bunkering operation for E&S Tankers at the Port of Antwerp.

IEEFA’s latest Europe’s gas consumption in 2023 fell to its lowest level in 10 years as countries scale up efficiency measures and renewables deployment.