LNG imports to Europe to increase by 60% in 2022

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What the institute’s LNG import report says – Which countries show the biggest increase compared to 2021

Imports liquefied natural gas (LNG) in Europe increased by 60% in 2022 compared to 2021, the IEEFA institute points out in its report.

In particular, it is reported that in order to compensate for the decrease in Russian natural gas imports, Europe turned in 2022 to other liquefied natural gas (LNG) producing countries. According to IEEFA imports from the US literally exploded in 2022, registering a 143% increase compared to 2021.

However, the report, among other things, points out that “while supplies of Russian natural gas to the EU were reduced in 2022, some countries continued to import Russian liquefied natural gas (LNG), acting against the common goal of ensuring energy security and ending dependence on Russian resources”.

France was the largest importer of Russian LNG in Europe. According to the report, France, Belgium, the Netherlands and Spain show a 55% increase in imports compared to 2021. Other countries such as Croatia, Lithuania, Portugal, Sweden and Britain drastically reduced their imports of Russian LNG in 2022.

RES-EMP

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