The EU and the UK are expected to raise their combined LNG import capacity by 34%, or by 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021, the U.S. Energy Information Administration (EIA) said on Monday, citing data from the International Group of Liquefied Natural Gas Importers (GIIGNL) and trade press.
Europe’s regasification capacity is set to increase by 5.3 Bcf/d by the end of 2023 and rise by an additional 1.5 Bcf/d by the end of 2024, according to the estimates. After a relatively modest expansion of LNG…Europe To Raise LNG Import Capacity Significantly Through 2024
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