Free Trial

USA Remains Dominant LNG Supplier to Europe: Platts

LNG

The USA continues to dominate the European LNG import market share, according to Platts.

  • Delivered LNG imports into Europe as of Feb. 29 were 21.67m mt during the month.
  • Around 54% of the volumes came from the USA, up from 44% during the same month in 2023.
  • High gas stocks and milder weather have pushed down demand for LNG this winter, with supply outpacing buying appetite.
  • Europe’s LNG import regasification capacity is set to rise by over one third compared to 2021 levels to reach 29.3 bcf/d, according to GIIGNL data.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.