Europe's Bet on LNG Has Its Limits

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European LNG imports have risen year on year during the first five months of 2023, as the super-chilled fuel continues to conquer continental markets previously dominated by Russian pipeline gas supplies. LNG imports into Europe, excluding Turkey, reached 51 million tons between January and May this year, up from just over 46 million tons during the same period in 2022, according to data from commodities analytics firm Kpler. While the traditionally top importing nations like Spain, France and the UK were responsible for the bulk of the received volumes, various countries have either joined the European LNG importing club or are looking to expand their already operating infrastructure as they seek alternative supplies to Russian pipeline gas.

LNG Supply, LNG Trade, LNG Demand, LNG Prices, Floating LNG, LNG Spot Trade, Regasification, Gas Supply, Gas Demand, Gas Pipelines
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