Since 2022, over 50 bcm of new LNG import infrastructure eased supply congestion and helped narrow the price gap between European gas hubs and LNG spot prices. EU is the top global LNG import market. In 2023, EU Member States imported 134 bcm of LNG, making up 42% of total EU gas imports.
Of this, €117.4 billion came from the US, €37.5 billion from Russia and €34.4 billion from Qatar. From the beginning of 2022 to June 2025, EU countries spent about €120 billion on pipeline gas and LNG imports from Russia. The average prices EU Member States paid for LNG in H1 2025 were similar to those in 2021.
Since February 2022, the LNG regasification capacity in the EU has expanded by 50 bcm to facilitate the surge in LNG imports. New regasification infrastructure has helped to alleviate congestion and contributed to reduce price spreads between European gas hubs and LNG spot prices. A massive expansion of global LNG export capacity is happening.
EU countries spent about €258 billion on LNG imports from the beginning of 2022 to June 2025. Of this, €117.4 billion came from the US and €37.5 billion from Russia. Europe’s gas consumption has increased this year because of cold weather and low renewable power generation.
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Europe: During the energy crisis, EU successfully secured gas supply and diversified gas imports away from Russia, with LNG playing a key role in this shift. Since 2022, over 50 …
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Europe: During the energy crisis, EU successfully secured gas supply and diversified gas imports away from Russia, with LNG playing a …
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About IEEFA’s European LNG Tracker is an interactive dataset that visualises Europe’s* LNG infrastructure, capacity, demand and import flows. It is built by compiling data …
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LNG is playing an increasingly important role in Europe’s energy (and specifically gas) supply mix. Aft er a period of low utilisation of Europe’s LNG import terminals between …
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Brussels, 31 October 2023 | The gap between Europe’s LNG capacity and demand continues to widen. Europe has added six new LNG terminals …
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The high LNG price environment incentivised a boost in final investment decisions4 in new liquefaction projects, which will result in the addition of over 200 million …
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The report also projects continued strong growth through 2030, driven by technological advancements, policy support, and other key factors. Energy storage progress in …
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SunContainer Innovations - Summary: Western Europe is witnessing a surge in LNG peaking energy storage investments, driven by energy security needs and decarbonization goals. This …
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In the last year, the slate of new projects in development has grown by 9% for LNG import capacity and 18% for gas pipelines length. GEM estimates that the total capital …
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The report also projects continued strong growth through 2030, driven by technological advancements, policy support, and other …
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The EU is advancing several key projects and initiatives in the energy storage field to boost renewable energy integration, stabilize the grid, and support clean energy goals. These …
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The European Energy Storage Market Monitor (EMMES) updates the analysis of the European energy storage market (including …
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Revenue stacking models – where batteries participate in energy arbitrage, grid balancing, and capacity mechanisms – are already …
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Meanwhile, there was also ongoing growth in oil and gas investments, which reached over USD 30 billion in 2023. Investment in liquified natural gas (LNG) reached nearly …
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Meanwhile, there was also ongoing growth in oil and gas investments, which reached over USD 30 billion in 2023. Investment in …
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How we produce and consume electricity is changing fundamentally. In Europe, the capacity of renewable energy sources is …
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LNG accounts for more than 40 percent of natural gas supply to Europe. Since the Russia-Ukraine war, the role of LNG in Europe’s energy industry has grown tremendously.
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21.9 GWh of battery energy storage systems (BESS) was installed in Europe in 2024, marking the eleventh consecutive year of record breaking-installations, and bringing …
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European LNG regasification projects are set to increase the continent''s LNG capacity by 121 million mt/year before the end of the decade, yet with waning European …
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Maximum gas storage capacity in Europe will lead to lower natural gas prices, despite a tight LNG market.
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A total of 11.9GW of energy storage across all scales and technologies was installed in Europe in 2024, bringing cumulative …
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A total of 11.9GW of energy storage across all scales and technologies was installed in Europe in 2024, bringing cumulative installations to 89GW. According to the ninth annual …
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LNG accounts for more than 40 percent of natural gas supply to Europe. Since the Russia-Ukraine war, the role of LNG in Europe’s …
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