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The flow of LNG in Europe has reached an all-time high

In January-May 2023, LNG flows were approximately 56.2 billion cubic meters. m – 7% more than the same period in 2022.

According to May results, the flow of liquefied natural gas (LNG) from terminals to the European gas transmission system reached a record 12.16 billion cubic meters. m. This was confirmed by the data of Gas Infrastructure Europe (GIE) on Friday, June 2.

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The previous maximum was set in April 2023. In January-May 2023, LNG flows were approximately 56.2 billion cubic meters. m – 7% more than the same period in 2022.

According to the data of the European Network of Gas Transportation System Operators (ENTSOG), this year LNG is first in terms of share in gas resources in Europe – 35%. In second place with a share of 26% – supplies from the North Sea (mainly gas from Norway), in third at 12% – the use of gas from EU underground storage facilities.

The share of gas supplies from the east (Russian gas, Ukrainian gas supplies, as well as European companies withdrawing their gas from Ukrainian underground storage facilities) is fell to 7.2%. This is less than that supplied from North Africa (9.8%), but more than the UK (6.9%).

Recall that at the end of April, the European Union started the process of joint purchase of AggregateEU​​​​gas, in which Ukraine may also be involved.


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Source: korrespondent

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