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November 2018
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Friday, 26 October 2018 15:00

Europe’s LNG imports increase

Europe’s LNG imports increase

Imports of liquefied natural gas (LNG) to the 28 countries that make up the European Union (EU-28) averaged 5.1 billion cubic feet per day (Bcf/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 Bcf/d, or almost one-fifth of the global total, Caspian Energy News (www.caspianenergy.net) reports with reference to the U.S. Energy Information Administration.

Currently, 13 of the EU-28 member countries import LNG. In 2017, LNG accounted for 11% of EU-28’s overall natural gas supply. Domestic natural gas production in EU-28, two-thirds of which is in the United Kingdom and the Netherlands, has steadily declined in recent years and in 2017 accounted for 25% of EU-28 natural gas supply. European natural gas production is expected to continue to decline because of an aging, mostly depleted resource base. In addition, the Netherlands’ largest natural gas field, Groningen, has been subject to increasingly strict production reduction measures.

Imports of natural gas by pipeline, in particular from Russia and Norway, have increased. In 2017, natural gas imports from Russia provided 35% of the total EU-28 supply and Norway provided 24%.

More details: https://www.eia.gov/todayinenergy/detail.php?id=37354

Person in charge of the newsline: Olga Nagiyeva 

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