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Increasing LNG Flows are the Main Flexible Supply to Europe

NATURAL GAS

The share of LNG in European gas supplies rose to 33% in 2022 from 19% in 2021 and increased to 40% in Feb and 38% in March according to S&P Global.

  • LNG is the main source of flexibility in the European market, with pipeline flows from Norway typically running at full capacity and limited upward potential from North African imports.


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