European LNG projects target supply security
New import facilities progressing despite spare capacity in existing infrastructure
Europe's LNG receiving capacity, across ten countries from Lithuania to Greece, has experienced usage levels this year unprecedented in well over a decade, as a global LNG supply glut finds the continent a home of last resort. But, despite the significant uptick in deliveries, Europe's terminals are far from full. Why, then, do new projects in Germany, Ireland and Croatia continue to progress when there is ullage in neighbouring countries' facilities and in pipelines that can, and indeed already do, bring regasified molecules into these countries' grids? At the end of July, the European Commission ruled that Croatia's plans to contribute €100mn in state funds—and also levy a ‘security of sup
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
