Import volumes drop
July 3 (LNGJ) - Supplies of regasified LNG delivered from the European network of import terminals to the European Union’s gas pipelines system declined by 14.2 percent in the first six months of 2024 compared with the same period last year to around 58.5 billion cubic metres.
The delivered volumes also dropped by 32 percent in June compared with May 2024. According to gas industry data LNG imports have provided 36 percent of Europe’s natural gas needs this year so far up until the end of June.
Europe’s largest LNG terminal located southeast of London launches auction of 9 MTPA of existing capacity
Europe’s largest liquefied natural gas import terminal, the UK’s Isle of Grain facility on the Medway River in Kent, has launched an auction for 9 million tonnes per annum of existing capacity.
Russian Nord Stream II natural gas pipeline project to serve EU is back on track as LNG competition
The Nord Stream II natural gas pipeline project, which will bring Russian gas to northern Germany and the European Union in competition to LNG and backed by leading Europe-based energy companies such as Royal Dutch Shell, has formally resumed pipe-laying in German waters after being given a sanctions waiver by the current US Administration.
German port of Wilhelmshaven advances on LNG import terminal with Uniper-Mitsui OSK Lines accord
Japanese shipping company Mitsui OSK Lines and a subsidiary of German utility Uniper signed a contract to build and charter an LNG floating storage and regasification unit for the planned import terminal at the German North Sea port of Wilhelmshaven.
