2 days ago · U.S. exports of liquefied natural gas (LNG) to Europe jumped in January as cold weather drove up demand and prices for the superchilled gas rose, preliminary data from financial firm LSEG showed.

2 days ago · Storage tanks and gas-chilling units at Freeport LNG, a large exporter of U.S. liquefied natural gas. ... “Europe has made really remarkable strides,” said David L. Goldwyn, who was a State ...

Sep 16, 2024 · IEEFA’s European LNG Tracker is an interactive data set to visualise Europe’s LNG infrastructure, demand and capacity outlook, and import and export flows. (Updated: September 2024)

6 days ago · Europe’s hydrogen plans follow the rapid LNG infrastructure growth set off by Europe’s gas crisis, which led Europe’s import capacity to increase by 31% since February 2022. Five projects came online this year, amounting to 28.7 billion cubic meters per year (bcm/y) in new LNG import capacity, but the pace of new proposals has nearly ...

5 days ago · Importing liquefied natural gas (LNG) is a way to diversify the suppliers and routes the EU is using to obtain natural gas. It has become especially important since Russia invaded Ukraine and the EU needs to reduce dependence on Russian gas imports. The EU is the largest LNG importer in the world.

Sep 13, 2024 · LNG accounts for more than 40 percent of natural gas supply to Europe. Since the Russia-Ukraine war, the role of LNG in Europe’s energy industry has grown tremendously.

EU is the top global LNG import market. In 2023, EU Member States imported 134 bcm of LNG, making up 42% of total EU gas imports. The breakdown of LNG imports varied by country, with France being the largest importer at 30 bcm. EU LNG demand is likely to reach its peak in 2024.

While US dominance over European LNG imports endures, Russia and Qatar are both still key supply sources, and Algerian LNG exports to Europe rose by some 22% year-on-year in 2023.

Liquefied natural gas helps make Europe’s gas supply more secure as it doesn’t rely on existing pipeline infrastructure, allowing EU countries to diversify the sources of their imports. Liquefied natural gas (LNG) is natural gas, predominantly methane, converted into liquid form for ease of storage or transport.

Nov 28, 2022 · Liquefied natural gas (LNG) import capacity in the European Union (EU) and the United Kingdom (UK) will expand by 34%, or 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021, according to the International Group of Liquefied Natural Gas Importers and trade press data.