The European Union’s liquefied natural gas (LNG) import terminals are experiencing reduced use as a result of falling demand for gas in Europe, according to the Institute for Energy Economics and Financial Analysis (IEEFA) on Thursday 12 September.
According to the institute’s latest data, in the first half of 2024, EU gas consumption fell by 3%, while LNG imports fell by 20% in Europe and 11% in the EU compared with the first half of 2023.
This trend is set to continue, according to...