LNG imports plummet amid falling EU gas demand

Euronews

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LNG imports plummet amid falling EU gas demand

Europe’s decreasing gas demand calls into question a scramble to build new LNG import terminals, but leeway remains to increase imports from US as demanded by President Donald Trump.

Heise

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Europe's LNG terminals are not even half full-time, and it seems that a departure from Russian natural gas is not possible, a new report points out.

Scottish Business News

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Europe’s LNG imports plummet to three-year low amid Energy Transition - Scottish Business News

Europe’s LNG imports hit a three-year low in 2024, according to a recent report by the Institute for Energy Economics and Financial Analysis (IEEFA). The continent’s liquefied natural gas imports fell by 19% to 135 billion cubic meters (bcm), marking the lowest level since 2021. The decline in LNG imports was driven by several factors, including investments in renewable energy, policies aimed at reducing gas demand, and increased pipeline gas im…

L'EnerGeek

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Liquefied natural gas (LNG) imports into Europe fell dramatically in 2024. In 2024, gas demand in Europe reached its lowest level in 11 years, resulting in a 19% decrease in LNG imports. A fall, while half of the regasification terminals operate in sub-regime. Yet, some dependencies persist, particularly vis-à-vis Russia. Gas demand at the lowest level in 2024: a strong signal for the energy transition In 2024, gas consumption in Europe has fall…

economiematin.fr

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In 2024, European LNG imports fell dramatically, reaching their lowest level in 11 years. LNG: a historic decline due to the energy transition The year 2024 marked a turning point for the European liquefied natural gas market. According to the Institute for Energy Economics and Financial Analysis (IEEFA), imports have fallen by 19%, reaching their lowest level since 2021. This decrease is due in particular to a consumption of gas in durum, reduc…

elcorreoweb.es

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Spain has in recent years become one of the world’s largest natural gas resale centres, driven by the historic earthquake of the energy crisis and the shock to the global geopolitical and commercial board following Russia’s military invasion of Ukraine. Spain squeezed out its vast network of regasification plants and built a huge gas resale business during the crisis by firing re-exports to historic peaks, although last year it already deflated …