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EU Gas LNG
Seth Haskell
17 July 2023
Follow @PetroleumEcon
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Europe redraws lines on gas infrastructure map

The continent’s gas revamp looks to both LNG and nearby pipelines

Europe looked in a bind in 2022 as falling Russian imports caused gas prices to skyrocket. Infrastructure that had been built over decades to transport gas from Siberia to consumers in the EU was disabled or shut down in less than a year. More than 12 months after Russia’s invasion of Ukraine, the good news is Europe looks to be doing what is required to replace that infrastructure. The map of the continent’s gas infrastructure is set to be redrawn over the next few years as LNG terminals sprout up and pipelines are built to support and supplement the new gas imports. Russian gas imports fell precipitously last year, dropping from 167bn m³ in 2021 to 85bn m³ in 2022, with the remaining gas a

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