Europe’s LNG ambitions face reality check

Europe may have already seen a peak in LNG demand and much of its expanding LNG import infrastructure could become stranded assets by the end of the decade, the Institute for Energy Economics and Financial Analysis (IEEFA) said on Thursday. in a report. Total LNG imports in Europe fell by 20% year-on-year in the first half of 2024, according to IEEFA analysis. The Institute includes the EU, UK, Norway and Turkey in the term “Europe”. EU imports fell by 11% in the first half of 2024 compared to…