The new floating LNG terminal in Eemshaven, Netherlands
Europe’s LNG strategy is better late than never
Infrastructure buildout will give EU better options in 2023 and even more in 2024
The Russia crisis was a wake-up call for Europe’s energy strategy as it rushed to change its complacent and inward-looking approach to gas security. Some have criticised its push for gas diversification as an expensive insurance policy or its LNG infrastructure plans as too little, too late. But the key take-away is that you can never have enough energy options. Europe was shaken out of its pipeline comfort zone by the need to wean itself off Russian supplies and move to become a global LNG player. The EU scrambled to replace close to 80bn m³ of Russian piped deliveries in 2022 as LNG went from being the marginal molecule to accounting for almost two-thirds of Europe’s gas imports. As such,
Also in this section
11 February 2026
Panellists from three LNG buyers at LNG2026 in Doha outlined their evolving procurement strategies as they navigate heightened market volatility
11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
11 February 2026
Maritime leaders at LNG2026 warned of the dangers of over-regulation on competitiveness, sustainability and innovation
10 February 2026
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
