Europe’s new LNG terminals set to reach materiality
A flurry of successful commissioning will see deliveries into fast-tracked infrastructure make a mark
LNG deliveries into what are now five new import facilities in northern Europe will top 0.5mn t (0.7bn m³) in January, commodity tracking firm Kpler forecasts (see Fig.1), after four terminals joined the Eemshaven FSRU, which has been contributing to European supply since September, in the first few weeks of the new year. Regasified over a 31-day month, the volumes would be equivalent to an average of 22.7mn m³/d. Europe’s hunger for LNG following a drop in Russian pipeline imports that has been observed since as far back as the summer of 2021—albeit hastened in the months after the Putin regime’s invasion of Ukraine and hostile European reaction to his aggression—has largely been met by inc
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