EU and UK look to security beyond gas
The scars of the Russia crisis have accelerated Europe’s push to wean itself off gas dependence as the growing globalisation of LNG becomes a double-edged sword
UK gas production peaked in 2000, with the country becoming a net importer and effectively globalising its gas security. Anticipating the need for growing gas imports, the country built three regasification terminals, and LNG fast became an essential component of the UK’s gas security. Today, the UK imports about half of the gas it consumes, with 30% coming via pipeline from Norwegian fields and almost 20% arriving as LNG, with a small volume of pipeline imports from continental Europe via the two interconnectors. Geopolitical factors are challenging market fundamentals when it comes to LNG flows There was a time when Qatar accounted for 90% of the UK’s LNG imports, but today the sit
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
