THE US was Europe's top supplier of LNG in 2023, marking the third consecutive year it has held that title according to new data from gas intelligence firm Cedigaz. The data reveals that last year the US provided the 27 European Union members and the UK with 7.1bn cubic feet (201mn ...
Polandwill expand capacity at the existing LNG regasification terminal atŚwinoujście by 0.2 Bcf/dto reach a total capacity of 0.8 Bcf/d by December 2023. Francewill add 0.4 Bcf/d of regasification capacity using an FSRU vessel called Cape Anne at Le Havre port, which ...
EIA: US remained the largest LNG supplier to Europe in 2023 01 March 2024 The United States was again the largest supplier of liquefied natural gas (LNG) to Europe (EU-27 and the UK) in 2023, accounting for nearly half of total LNG imports, according to data from CEDIGAZ. Last year ma...
The US sent 65%, or about 56.21 mt, of its LNG exports last year to Europe, up from 52.45 mt in 2022, reflecting the continent’s continued need for LNG to replace lost Russian pipeline gas. Asia and Latin America received 27% and 7% of US LNG shipments, respectively, last year...
As the epidemic fades, resurgent manufacturing and service sector activity will increase gas consumption and is likely to tighten LNG supplies available to Europe ahead of winter 2023/24. But the import rebound could be smaller than some analysts anticipate because domestic gas production is rising ...
The EU’s Eur180/MWh gas price cap would not impact Asian LNG trade flow in the near term but could tighten supplies to Europe in 2023 as some Asian suppliers might opt to sell to other markets, market sources told S&P Global Commodity Insights Dec. 20. ...
Let’s start with some simple maths. Europe has historically relied on at least 150 bcm of annual Russian gas imports. With the sabotage of the Nord Stream pipeline and an uncertain outlook for Ukrainian transit, Russian annual flows could fall below 15 bcm from 2023. ...
In 2023, Europe (EU-27 and the UK) continued to import LNG to compensate for the loss of natural gas previously supplied by pipeline from Russia. As explained, the countries that imported the most U.S. LNG were the Netherlands, France, and the UK, with a combined 35% (4.2 Bcf/d) ...
The U.S. took the top spot due to an increase in shipments to Europe in 2023. LNG trading on the rise Since 1970, the global LNG trade volume has increased by over 500 billion cubic meters. Countries in East Asia, such as Japan and China, have historically been among the main LNG ...
Europe’s reliance on Russian LNG imports increased on the year. In 2024 so far, Russia has supplied 4.89 million mt of LNG to Europe, or more than 16% of the Continent’s total LNG supply of 33.65 million mt, in comparison with 12.74% for the first four months of 2023, data from...