A Brief View on LNG in Europe

Thursday, 01 August 2019

US-China trade dispute has pushed LNG to Europe, but the overall picture is more nuanced

Explosive Growth

European LNG imports have seen dramatic growth over the past year. Total offtakes grew by 82% year-on-year in June to 7.54mmt. This contrasts with the negative growth seen between August 2017 and September 2018, when imports seemed fixed on a gentle downward trajectory.

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